Statement from the Chairman of the US SEC regarding the hacking incident of the SEC official Twitter account: We are still assessing the impact and working with law enforcement agencies to conduct further investigation.

BlockBeats news, on January 14th, according to The Block's report, the US SEC issued a statement regarding the SEC official Twitter account being hacked. In a statement by SEC Chairman Gary Gensler, the agency claimed that "an unauthorized person accessed the SEC official Twitter account by gaining control of the phone number associated with the account." This may be a SIM card swapping attack, a common form of Twitter account hijacking that can be avoided through multi-factor authentication. In the statement, Gary Gensler wrote: "SEC staff are still assessing the impact of this incident on the agency, investors, and the market, 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.