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A company that manages registered shareholders for stock-issuing companies agreed to pay $850,000 under a settlement with the SEC over breaches in 2022 and 2023 that the commission said led to the loss of $6.6 million in client funds. https://t.co/Yp99tepFby https://t.co/7yKtPSBEe9
SEBI issues new cybersecurity framework - The Paypers https://t.co/1Q0wsQrUQf #cybersecurity
Nigerian data agency fines Fidelity Bank for breaches https://t.co/MRTxxijoKJ https://t.co/qJAUAgGL01
Equiniti Trust, a company responsible for managing registered shareholders for stock-issuing companies, has agreed to pay $850,000 in a settlement with the U.S. Securities and Exchange Commission (SEC) over cybersecurity breaches. The breaches, which occurred in 2022 and 2023, resulted in the loss of $6.6 million in client funds. The SEC's enforcement action highlights the importance of robust cybersecurity measures and internal controls in protecting customer funds.
