Equifax exec who sold nearly $1 million in shares charged with insider trading

Equifax’s former chief information officer has been indicted for insider trading, making him the first executive to face criminal charges following the company’s massive data breach that exposed the personal data of more than 145 million Americans.

Jun Ying, who was the company’s CIO at the time the company was hacked last summer, will be arraigned in federal court this week on charges of insider trading, according to the Department of Justice.

For a CIO at a financial company, Ying didn’t exactly do a great job at covering his tracks.  Read more…

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