(Bloomberg) The U.S. Securities and Exchange Commission is examining the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability.
The SEC held a roundtable discussion of those risks in Washington today as it weighs a proposal to require stock exchanges to protect their critical technology and tell members about breaches of important systems. More than half of exchanges surveyed globally in 2012 said they experienced a cyber-attack, while 67 percent of U.S. exchanges said a hacker tried to penetrate their systems.