Articles by Christopher Bing and Sarah N. Lynch

U.S. Charges North Korean Hacker for WannaCry and Sony Cyber Attacks

The U.S. government on Thursday charged and sanctioned a North Korean man in the 2017 global WannaCry ransomware cyberattack and the 2014 cyber assault on Sony Corp , U.S. officials said. The charges, part of a strategy by the U.S. …

FBI Urges Rebooting, Upgrading Office, Home Routers After Russian Hacking

The FBI warned on Friday that Russian computer hackers had compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic. The U.S. law enforcement agency urged the owners of many brands …

Trump Administration Proposes Curbs on Opioid Manufacturers

The U.S. government on Tuesday proposed tightening rules governing the amount of prescription opioid painkillers that drugmakers can manufacture in a given year, in hopes of reining in the deadly opioid epidemic. The Drug Enforcement Administration’s proposed changes to its …

SEC Hackers Took Advantage of Firms Using Authentic Data for Testing: Reuters Exclusive

Hackers breached the U.S. Securities and Exchange Commission’s computer system last year by taking advantage of companies that used authentic financial data when they were testing the agency’s corporate filing system, according to sources familiar with the matter. The Federal …

SEC Discloses It Was Hacked, Now Fears Hackers Used Data for Illicit Trading

Wall Street’s top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading. The incursion at the Securities and Exchange Commission …

SEC Commissioner Blasts Labor Department’s Fiduciary Rule

A Republican regulator at the U.S. Securities and Exchange Commission urged the Labor Department on Tuesday to scrap its fiduciary rule, which aims to reduce conflicts of interest when brokers offer retirement advice, saying it was misguided. In a comment …

Supreme Court to Review Retaliation Protections for Whistleblowers

The U.S. Supreme Court agreed on Monday to take up a case that promises broad implications for when corporate insiders who blow the whistle on alleged misconduct can be shielded from retaliation by their employers. The justices will hear Digital …

Supreme Court Hands Wall Street Victory in Curbing SEC Disgorgement Remedy

The U.S. Supreme Court on Monday scaled back the Securities and Exchange Commission’s power to recover ill-gotten profits from defendants’ misconduct, handing Wall Street firms a victory and dealing another blow to the regulator’s enforcement powers. In a 9-0 ruling, …

Insurers Push to Keep Industry Expert Woodall on U.S. Regulatory Council

With no sign of a replacement in the works, the U.S. insurance industry is pushing to prevent the departure of a key figure on the federal body that determines how large insurance companies are regulated. Roy Woodall, the sole independent …

Trump Administration to Delay Fiduciary Rule by 60 Days

The U.S. Labor Department will delay implementation of its “fiduciary” rule by 60 days while it undertakes a review on whether the rule may hinder Americans’ ability to get access to retirement investment advice, according to a filing in the …