SEC must shore up IT security, says GAO
The U.S. Securities and Exchange Commission must bolster its information security to protect corporate financial data and other sensitive information stored in its IT systems, according to a report released late last month by the Government Accountability Office.
The report found that the SEC has corrected or mitigated only eight of 51 weaknesses cited by the GAO in a report last year, a response the oversight office of the U.S. Congress called inadequate.
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