Skip to content
  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About
  • MachinaAI

    Login
    • Home
    • News
    • Dashboard
      My Dashboard Equity Dashboard Analyst Dashboard Large Companies Portfolio
    • Smart Reports

Simplify financial decision-making

Machinary offers a modular and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

 

Register now and get free Credits

Sign up

Know the Market. Stay Ahead.

Market Insights & Analytics.

Gain access to a comprehensive retail platform with real-time updates on the stock market and critical financial metrics. Leverage advanced tools for better decision-making:

  • Overview of stock market data:Stay updated with the latest market trends and performance.
  • Monitor AI-based predictions:Access detailed company analytics.
  • Sentiment Analysis:Understand market emotions with AI-driven sentiment insights.
  • Relevance Score:Prioritize information that matters most.
  • Chatbot Integration:Get instant answers and insights through smart AI.
  • Customizable Widgets:Add or remove widgets to tailor your dashboard.
Sign up for early access

Stay Informed. Act Strategically.

Real-Time News Portal.

Unlock actionable insights with categorized, real-time news updates tailored to your needs. Stay ahead in the market with a reliable flow of information:

  • People:Explore updates about key influencers and market leaders.
  • Public Companies:Stay informed on listed corporations and their market activities.
  • Non-Public Companies:Gain insights into the operations of private enterprises.
  • Countries:Understand regional economic shifts and geopolitical trends.
  • Commodities:Monitor pricing and trends for critical commodities like oil, gold, and more.
  • Currencies:Keep track of currency fluctuations and forex market developments.
Sign up for early access

Modular Power. Limitless Potential.

Machinary empowered by MachinaCore

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Reaching new heights together.

Stay tuned for what’s coming next.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Sign up for early access

Explore tailored enterprise solutions - that make an impact.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Get in touch

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

  • Home
  • News
  • Dashboard
  • About us
  • Contact

Address

  • MachinaLabs AG
  • Viaduktstrasse 42
  • 4051 Basel
  • Switzerland

  • info@machinalabs.net
  • machinalabs.net

Newsletter

Subscription successful!

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Predefined Themes

Layout settings

Choose the font family that fits your app.

Choose the gray shade for your app.

Choose the border radius factor for your app.

Save settings

Welcome to Machina, a platform to connect with the social world

Forgot Password?

Don't have an account?Sign Up

Welcome to Machina, a platform to connect with the social world

Already have an account?Login

  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About

Senators Demand Probe into SEC’s Cybersecurity Following Account Hack

  1. Home
  2. Bobs-News Categories Cryptocurrency Regulations
  3. Senators Demand Probe into SEC’s Cybersecurity Following Account Hack
  • bob
  • 2024-01-13
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • North America
  • Regulatory Developments

US Senator Ron Wyden, who also serves as the Chairman of the Senate Finance Committee, has called for an official investigation into the recent hacking of the US Securities and Exchange Commission’s (SEC) X account. The request, co-authored by crypto advocate Cynthia Lummis, also seeks to probe the SEC’s alleged failure to implement the best cybersecurity measures to safeguard its digital presence.

On January 9, the SEC’s X account unexpectedly announced the approval of Bitcoin spot ETF trading in the US. However, this announcement was swiftly refuted by the SEC’s Chairman, Gary Gensler, who clarified that the commission’s X handle had been compromised and the ETF-related announcement was false.

Despite the SEC’s eventual approval of the Bitcoin spot ETF launch on January 10, the unauthorized access to one of the commission’s social media platforms has raised concerns among the public. US Senators are now demanding an explanation. On January 11, Senators Ron Wyden and Cynthia Lummis sent a letter to the SEC’s Inspector General, Honorable Deborah J. Jeffery, calling for an investigation into the incident and the Commission’s alleged negligence of its cybersecurity protocols. Additionally, Senators JD Vance and Thom Tillis have written to the Commission’s Boss, Gary Gensler, seeking a comprehensive explanation of the incident.

In their letter to the SEC’s Inspector General, Wyden and Lummis expressed their disappointment with the SEC’s internet security. They pointed out that the hack occurred due to the non-implementation of multi-factor authentication (MFA) on the US regulator’s account. They stated that the absence of an MFA allowed an unauthorized individual to access the SEC’s X account by gaining control of a phone number associated with the account. The Senators argued that the SEC should have implemented the best security measures, including not just an MFA but also a security keys protocol, which is highly recommended by industry experts. They described this act of negligence as inexcusable, as it could potentially lead to market manipulation.

The Senators’ letter stated: “The SEC’s failure to follow cybersecurity best practices is inexcusable, particularly given the agency’s new requirements for cybersecurity disclosure. Additionally, a hack resulting in the publication of material information for investors could have significant impacts on the stability of the financial system and trust in public markets, including potential market manipulation.”

The Senators have now urged Jeffery to initiate an investigation into this incident and identify any existing flaws in the Commission’s cybersecurity protocol. The SEC Inspector General is expected to submit a report by February 12, 2024.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography North America
Countries 🇺🇸
Sentiment negative
Relevance Score 1
People Ron Wyden, Cynthia Lummis, JD Vance, Gary Gensler, Deborah J. Jeffery, Thom Tillis
Companies Senate Finance Committee, US Securities and Exchange Commission (SEC), Tradingview.com, Bloomberg
Currencies Bitcoin
Securities None

Leave a Reply Cancel reply

You must be logged in to post a comment.



 MachinaTrader

A new era of trading and data analytics

Everything in one place. Highly reliable, ultra-scalable and blazingly fast!

Related Links

News Blog
Forums
FAQ
About
Privacy Policy (DSGVO/GDPR)

Our Partners
sygnal logo 40
bullishtimes logo white
© 2023 MachinaLabs AG. All Rights Reserved.
People Who like this post
  • img
img