Hackers may have traded using stolen insider information, SEC admits

It does, thank you for clarifying. I’m not sure how legislation could help here though. In terms of poorly-secured connected devices, there’s such a variety of means of connection and data transferred that blanket device security legislation may be detrimental to functionality, (although in terms of some of the smaller companies with more egregious flaws and useless devices this may prove a benefit to the rest of us.)

That said though, as we often see, Congress seems less inclined to legislate impenetrable security to commercially available devices; their modus operandi seems to be security, AS LONG AS they can still arbitrarily access citizen’s devices in the name of security, which entirely defeats the purpose.

Third party apps may alleviate this with extra levels of encryption, but relying on centralized distributors creates a weak link should these distributors ever be compromised by attackers, potentially compounding the damage.

As much as I would like to see an appreciation of increased security and privacy in government, (I agree with everything you’ve said,) I doubt traction for security legislation that could actually make a difference could develop.

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