breach of X account

US SEC: Breach of X account didn’t lead to breach in broader systems :

WASHINGTON  Jan. 12 – There is no evidence that the breach earlier this week of the U.S. Securities and Exchange Commission’s X account also involved a compromise of agency systems, devices, or data.

Breach of X account broader systems :

The fake post, which appeared on Tuesday, claimed that the SEC has approved trading in spot bitcoin Exchange-Traded Funds (ETFs), sent industry executives into a frenzy. Bitcoin prices were erratic ahead of a Wednesday announcement by the SEC to allow trading in the products.

The SEC released a statement saying that, “While SEC staff are still assessing scope of incident, at this time there is no evidence to suggest the unauthorized party had access to SEC devices, data or systems.”

The SEC deleted the post and quickly apologized. X, formerly Twitter said that the account had been compromised by an “unidentified person” gaining control of a telephone number.

On Wednesday, the SEC approved the Bitcoin ETFs .

The SEC stated that the FBI and SEC Inspector General have joined forces with the Department of Homeland Security Cybersecurity and Infrastructure Security Agency to investigate the breach.

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