Intercontinental Exchange to Pay $10M Fine for Failing to Report NYSE Cyber Breach in 2021

May 22, 2024, 10:30 PM

Intercontinental Exchange Inc., the parent company of the New York Stock Exchange and eight other subsidiaries, has agreed to pay a $10 million fine to settle allegations by the U.S. Securities and Exchange Commission (SEC) for failing to promptly report a data breach in 2021. The SEC emphasized the importance of timely cybersecurity incident disclosures to address increasing risks of such attacks.