• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceSecurities and Exchange Commission

SEC could be missing hundreds of laptops, inspector warns

By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
Down Arrow Button Icon
By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
Down Arrow Button Icon
October 9, 2014, 11:30 AM ET
Technology
contract armin harrisKyle Bean for Fortune

The inspector-general of the Securities and Exchange Commission has estimated that as many as 202 of the agency’s laptops may be unaccounted for, which could put some sensitive, nonpublic information at risk of release.

In a report that was issued last month, but is only now gaining some media attention, the SEC’s Office of Inspector General said it reviewed a statistical sample of 488 laptops assigned to the agency’s headquarters and three regional offices to determine laptop accountability. Of those devices, 24 laptops couldn’t be accounted for, while incorrect user information was listed for about 22% of the laptops and incorrect location information was found for 17% of the sample size.

“Because of their portability, ease of concealment, and the sensitivity of the information they often contain, laptop computers are at risk of loss and theft and must be properly safeguarded and accounted for,” the report said.

SEC employees and contractors use laptops — some of them store nonpublic information — in their offices, at alternate work locations, and while on office travel. The SEC has 5,525 laptops in total, with about half of those at the agency’s headquarters in D.C.

Inspector General Carl Hoecker, in a memo that was attached to the report, requested that the agency come up with a plan to strengthen the SEC’s inventory controls over its laptop computers. The office has made several recommendations to improve laptop accountability, including an update to the SEC’s inventory system and ensuring a computer security response center has the ability to search for and track unaccounted-for laptops.

About the Author
By John KellContributing Writer and author of CIO Intelligence

John Kell is a contributing writer for Fortune and author of Fortune’s CIO Intelligence newsletter.

See full bioRight Arrow Button Icon

Latest in Finance

Goldman Sachs' logo seen displayed on a smartphone with an AI chip and symbol in the background.
NewslettersCFO Daily
Goldman Sachs CFO on the company’s AI reboot, talent, and growth
By Sheryl EstradaDecember 10, 2025
45 minutes ago
Current price of silver as of Wednesday, December 10, 2025
Personal Financesilver
Current price of silver as of Wednesday, December 10, 2025
By Joseph HostetlerDecember 10, 2025
51 minutes ago
EconomyFederal Reserve
If the Fed cuts interest rates today, it may be the last one until June 2026
By Jim EdwardsDecember 10, 2025
1 hour ago
Jerome Powell, chairman of the US Federal Reserve
EconomyFed interest rates
Fed’s expected rate cut today is less about stimulating the economy and more about protecting the job market from ‘shattering’
By Eleanor PringleDecember 10, 2025
2 hours ago
NewslettersTerm Sheet
5 VCs sounds off on the AI question du jour
By Amanda GerutDecember 10, 2025
3 hours ago
Personal FinanceSavings accounts
Today’s best high-yield savings account rates on Dec. 10, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 10, 2025
4 hours ago

Most Popular

placeholder alt text
Economy
‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy 
By Eva RoytburgDecember 9, 2025
17 hours ago
placeholder alt text
Success
When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in air shows before leaving it to become a Hollywood executive
By Dave SmithDecember 9, 2025
1 day ago
placeholder alt text
Banking
Jamie Dimon taps Jeff Bezos, Michael Dell, and Ford CEO Jim Farley to advise JPMorgan's $1.5 trillion national security initiative
By Nino PaoliDecember 9, 2025
18 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
14 days ago
placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
4 days ago
placeholder alt text
Success
Even the man behind ChatGPT, OpenAI CEO Sam Altman, is worried about the ‘rate of change that’s happening in the world right now’ thanks to AI
By Preston ForeDecember 9, 2025
22 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.