U.S. senators urge SEC chairman to provide report on X account breach, deadline Monday

Two U.S. senators are calling on the U.S. Securities and Exchange Commission (SEC) to provide Congress with a report on the January 9 breach involving their X (formerly Twitter) account. In a letter to SEC Chairman Gary Gensler on the same day, Senators J.D. Vance and Thom Tillis said the incident raised "serious concerns" and raised questions about the committee's internal cybersecurity procedures.

The letter also said the incident "runs counter to the Commission's triple mission of protecting investors, maintaining a fair, orderly and efficient market, and promoting capital formation."

Concerned about the recent hack, which they said caused "widespread distress," the two senators asked the SEC to provide Congress with a report on the incident, citing recently established rules on cybersecurity disclosures.

The letter, sent on January 9, set a deadline of January 23.

The letter also reminds the SEC of a requirement that all companies disclose all impacts to their business within four days of a cybersecurity incident:

“If this ‘compromised’ social media post was indeed the result of a cybersecurity attack, would the SEC be able to submit a report on the breach to Congress within four business days?

If not, please explain why. The incident occurred on January 9, when the SEC’s The excitement in the crypto community quickly faded after it was used to send unauthorized tweets.

An internal investigation from X confirmed that the SEC account was not using two-factor authentication at the time of the breach. X’s report also added:

"Based on our investigation, this breach was not due to a breach of System

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