Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Financial Accounting, Financial Reporting and Analysis, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Reuters, the U.S. Securities and Exchange Commission (SEC), Wall Street’s top regulator, has discovered a vulnerability in its corporate filing database that could cause the system to collapse.

1. What type of risks did the internal memo detail?
2. When was the discovery made?
3. What types of entries could bring the system down?
4. What is the data reporting rule mentioned in the article?

Lynch, S. and J. Finkle. (2017). Exclusive: SEC’s corporate filing system vulnerable to denial of service attacks – memo. Reuters, Oct. 6 (Retrievable online at