SEC Website Goes Dark, BTC Tumbles in Aftermath

The US Securities and Exchange Commission (SEC) website went down on Friday night but came back online during publication. The
institution has not yet provided official reasons, and social media rumors
suggest that a DDoS attack may have occurred.

The online
community also noted that the SEC website downtime coincided with a stronger
drop in Bitcoin (BTC), which is currently losing 4.4%, falling back below the
$70,000 level.

The initial reports that the SEC website had stopped working began to appear around 3 AM
GMT. For the next 5 hours, the situation did not change, and attempting to access SEC.gov redirected to SEC.gov/core/install.php, which displayed the message
“Page not found.” However, at the time of writing, the website was again operational.

3 hours after since the first reports, #SEC website is still down… https://t.co/nSG1hiiUPf pic.twitter.com/GNYbDvshpe

— JustDario 🏊‍♂️ (@DarioCpx) March 15, 2024

Apart from
fragmentary information on X (formerly Twitter), it has been difficult to find more
details online about what caused the SEC website outage, when exactly it
occurred, and how long it may last.

However,
there are speculations that a DDoS attack
DDoS Attack

A distributed denial of service (DDoS) attack is defined as an attempt by malicious actor to overwhelm a targeted server, website, or network with a flood of internet traffic. Most often this takes the shape of a machine or network becoming unavailable to users for a period of time through the systematic disruption services of a host connected to the Internet.These attacks are most effective when multiple compromised computer systems and other internet-connected devices are exploited as sources

A distributed denial of service (DDoS) attack is defined as an attempt by malicious actor to overwhelm a targeted server, website, or network with a flood of internet traffic. Most often this takes the shape of a machine or network becoming unavailable to users for a period of time through the systematic disruption services of a host connected to the Internet.These attacks are most effective when multiple compromised computer systems and other internet-connected devices are exploited as sources
Read this Term or cyberattack on the domain of the
U.S. regulator may have occurred.