Intercontinental Exchange's Q1 revenue exceeded $1B – that'll sure teach 'em
The New York Stock Exchange's parent company has just been hit with a $10 million fine for failing to properly inform the Securities and Exchange Commission of a 2021 cyber intrusion.published today, the SEC said that Intercontinental Exchange will pay the penalty to settle charges it caused nine subsidiaries - the NYSE among them - to violate its Regulation Systems Compliance and Integrity reporting rules.
"It was only at this point … that the ICE SCI Respondents' legal and compliance personnel were finally notified of the Intrusion," the SEC added."And it was only at this point that the ICE SCI Respondents determined that the Intrusion was aAu contraire, the SEC claimed: ICE"had a reasonable basis to conclude that unauthorized entry … had occurred, triggering immediate notification requirements to the SEC.
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