Republicans on the House Technology Committee are investigating the Federal Reserve’s security practices, citing “serious concerns” about the central bank’s ability to protect confidential information. The committee asked the Fed to turn over all incident reports related to cyber-attacks dating back to January 2009. The request comes on the heels of a Reuters report that hackers […]
WASHINGTON (Reuters) – U.S. financial regulators on Thursday told banks to upgrade their systems as soon as possible if they are vulnerable to the recently uncovered Heartbleed bug, which exposes data to hackers. The Federal Financial Institutions Examination Council, an interagency group that includes the Federal Reserve and the Federal Deposit Insurance Corp, said banks […]
The Federal Financial Institutions Examination Council (FFIEC) on Wednesday warned banks about rising cyber-attacks on their websites and their cash machines, urging them to put the proper measures in place to guard against fraud. The group, which comprises top officials from the Federal Reserve and other bank regulators, said it had seen a rise of […]
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