Jun Ying, a former CIO within a US business unit of Equifax, was next in line to be its global CIO. The SEC alleges Ying used confidential corporate information to determine Equifax had been breached. Ying exercised his vested Equifax stock options and sold his shares, collecting nearly $1 million. Ying avoided more than $117,000 in losses by selling his shares ahead of the company’s disclosure of a massive data breach in Sept. 2017. The SEC is charging Ying with violating the antifraud provisions of federal securities laws.”]
Source: https://www.darkreading.com/attacks-breaches/sec-charges-former-equifax-exec-with-insider-trading