U.S. Securities and Exchange Commission says Pearson PLC misled investors about the severity of a 2018 data breach. Security breach exposed millions of student records covering 13,000 schools, school districts and universities. SEC: “As public companies face the growing threat of cyber intrusions, they must provide accurate information to investors about material cyber incidents” The breach traces to an attack campaign for which a federal grand jury last year issued an 11-count indictment against two Chinese citizens, Li Xiaoyu, then 34, and Dong Jiazhi, then 33.”]
Source: https://www.cuinfosecurity.com/blogs/pearson-slammed-for-breach-wasnt-just-data-exposure-p-3084