SEC Chair Gary Gensler asserted that the agency "takes its cybersecurity obligations seriously" and that Commission staff recognize that the recent hack of the SEC's "X" account by an unauthorized party raises "concerns about the security of the SEC's social media accounts."
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House Financial Services Committee Chair Patrick McHenry demanded that the SEC explain the breach of its X (Twitter) account that resulted in a false post stating that Bitcoin ETFs were approved to be listed on all registered national securities exchanges.
The Office of Financial Research launched the Joint Analysis Data Environment platform to help the Financial Stability Oversight Council assess financial stability risks.
SIFMA joined the Bank Policy Institute and the American Bankers Association in support of the Federal Information Security Modernization Act of 2023. The Act would "enhance transparency over federal agency information security practices."
The CFTC Division of Enforcement established a Cybersecurity and Emerging Technologies Task Force and an Environmental Fraud Task Force.