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Monday, March 19, 2018

Former Equifax executive charged with insider trading after data breach

  • Former chief information officer Jun Ying sold nearly $1m in shares
  • Ying allegedly learned of breach days before it was made public

A former Equifax executive has been charged with insider trading after he sold nearly $1m of shares in the credit agency before the company announced a huge data breach.

Federal prosecutors announced the charges against Jun Ying, the former chief information officer of Equifax’s US Information Solutions, on Wednesday.

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from US news | The Guardian http://ift.tt/2Gr8TNQ
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