Gensler issues statement on stolen SEC official tweets

Gary Gensler issued a statement on the SEC's official website, claiming that an unauthorized person gained access to the SEC's official Twitter account by gaining control of the phone number associated with the account. Possibly a SIM swapping attack, a common form of Twitter account hijacking that can be prevented with multi-factor authentication. Gary Gensler said commission staff are still evaluating the impact of the incident on institutions, investors and markets, including concerns about the security of SEC social media accounts. Gary Gensler also noted that the agency is working with law enforcement to further investigate the matter.