14-03-2018 15:54 via theverge.com

Former Equifax executive charged with insider trading ahead of massive data breach

A former Equifax executive has been charged by the SEC with insider trading after allegedly selling his stock in the company before it announced last year’s massive data breach.Allegedly avoided a $117,000 loss
According to the SEC, Jun Ying, the CIO of an Equifax business unit and next in line to be the global CIO, received confidential information about the company’s breach before the news was public. Ying allegedly exercised his stock options and sold his shares, making close to
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