ASIC has levelled two counts of insider trading charges against Vaughan Garfield Bowen, of Brighton, Victoria. Bowen appeared on 14 September via legal representatives in the Melbourne Magistrates Court.
A former chief information officer at American credit information provider Equifax has been charged with insider trading before the company revealed in September last year that it had suffered a massive data breach.
The US Securities and Exchange Commission has announced that its electronic data gathering, analysis and retrieval (EDGAR) test filing system was breached last year, adding that information that leaked could have been used for insider trading.
American credit information provider Equifax has disclosed that it learned on 29 July of a leak that involved the details of 143 million consumers.
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