Eastern European Hackers Charged with Breaking Into SEC Database

A group of Eastern Europeans broke into the SEC’s company filings database, stole nonpublic information, and then made illicit trades worth over $4.1 million, the agency and DOJ said Jan. 15 .Oleksandr Ieremenko hacked the Securities and Exchange Commission’s EDGAR e-filing system in 2016, then passed the information he obtained to a group of Ukrainian and Russian traders who used it to make a profit, according to two cases in the U.S. District Court for the District of New Jersey.