Former Equifax executive charged with insider trading after data breach
by Dominic Rushe in New York from Technology | The Guardian on (#3J60R)
- Former chief information officer Jun Ying sold nearly $1m in shares
- Ying allegedly learned of breach days before it was made public
A former Equifax executive has been charged with insider trading after he sold nearly $1m of shares in the credit agency before the company announced a huge data breach.
Federal prosecutors announced the charges against Jun Ying, the former chief information officer of Equifax's US Information Solutions, on Wednesday.
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