News Summary

• “Once in control of the phone number, the unauthorized party reset the password for the @SECGov account.”The hack of its X account, which was taken over in order to falsely claim that bitcoin ETFs had been approved, has raised questions about SEC’s security practices..
• “Once access was reestablished, MFA remained disabled until staff reenabled it after the account was compromised on January 9,” it said..
• The Securities and Exchange Commission has provided more details about how its official X account was compromised earlier this month..
• The regulator said it’s investigating these questions, along with the Department of Justice, FBI, Homeland Security and its own Inspector General..