The Verge: Former Equifax executive sentenced to prison for insider trading prior to data breach

The Verge: Former Equifax executive sentenced to prison for insider trading prior to data breach. “The Security and Exchanges Commission charged [Jun] Ying with insider trading last year. The Department of Justice says that in August 2017, after learning about the breach, he began researching the impact that a similar breach had on another company’s stock price. Later that morning, he promptly exercised and sold all of his stock options, earning nearly a million dollars from the sale. In doing so, he avoided a loss of $117,000 that he otherwise would have incurred when the company’s stock price dropped after the disclosure.”