May 22 (Reuters) - Intercontinental Exchange Inc ( ICE )

will pay a $10 million penalty to settle charges its

subsidiaries failed to immediately alert the Securities and

Exchange Commission of a cyber intrusion incident, the SEC said

on Wednesday.

In April 2021, ICE discovered someone had installed a code

into a VPN device used to remotely access the corporate network,

but the personnel did not notify subsidiaries for several days,

regulators found. That delay meant the subsidiaries, including

the New York Stock Exchange, violated agency rules that require

immediate notification to the SEC, the agency said.

A spokesperson for ICE, which did not admit or deny the

SEC's allegations, said the effort to access the exchange's

network was unsuccessful and had no impact on market operations.

The SEC has been pushing for more prompt disclosures of

cybersecurity incidents as part of a broader effort by

regulators to address growing risks of such attacks.