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Article snippet: The Securities and Exchange Commission revealed Wednesday that hackers breached its system for public-company filings and may have profited from stolen insider information. SEC Chairman said in a statement that hackers exploited a software vulnerability in the regulator's EDGAR filing system. That breach was discovered in 2016, he said, but the SEC did not learn about the possibility of unlawful trading until 2017. The SEC says the software flaw was quickly patched, and that no sensitive personal information, such as credit card or Social Security numbers, was exposed in the breach. “Cybersecurity is critical to the operations of our markets and the risks are significant and, in many cases, systemic,” said SEC Chairman Jay Clayton in a statement. “We must be vigilant. We also must recognize—in both the public and private sectors, including the SEC—that there will be intrusions, and that a key component of cyber risk management is resilience and recovery.” He did not say who may have been responsible for the breach. ADVERTISEMENT The announcement comes just more than a week after credit report company Equifax revealed that hackers accessed personally identifiable information from more than 144 million people. The Hill 1625 K Street, NW Suite 900 Washington DC 20006 | 202-628-8500 tel | 202-628-8503 fax The contents of this site are ©2017 Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc. Link to the full article to read more