THE SEC WAS INDEED HACKED!
Twitter, via its @Safety account has confirmed that the account @SECGov was compromised after completing a preliminary investigation.
Based on the investigation, the compromise occured due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party.
Twitter also confirmed that the account did not have two-factor authentication enabled at the time the account was compromised.
Funny how late in October last, SEC Chairman Gary Gensler advised the public to secure their financial accounts with multi-factor authentication.
Another proof that people in position aren’t always doing the right things.
