Home / News / Reuters: Federal Reserve Records Reveal More Than 50 Cyber Breaches in 2011-15

Reuters: Federal Reserve Records Reveal More Than 50 Cyber Breaches in 2011-15

cyber-hack-network-computerThe U.S. Federal Reserve has recorded more than 50 cybersecurity breaches from 2011 through 2015, Reuters reported Wednesday.

Reuters obtained Federal Reserve records which cover cyber attacks that affected the Board of Governors since it is subject to public records laws, Jason Lange and Dustin Volz wrote.

The central bank’s national cybersecurity team identified majority of the recorded breaches as “malicious code” while four attacks in 2012 were described as “espionage,” Reuters said.

The records further revealed the Federal Reserve suspected that hackers or spies were involved in many of the incidents, Reuters added.

There were no information on the hackers or on the consequences of the attacks, Lange and Volz wrote.

Check Also

DoD: China Acquiring Tech for Military Modernization Through Legal and Illicit Means

The Defense Department said in a recent report that the Chinese government has been pursuing its military modernization goals through legal and illicit means, procuring foreign technology through legal means but also engaging in clandestine operations to gain access to regulated or export-restricted material, the DoD stated in its report to Congress.

Leave a Reply

Your email address will not be published. Required fields are marked *