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Browse: Home / Federal Reserve

Federal Reserve

Congress launches investigation into $81M cyber fraud | New York Post

By Securities Docket on June 2, 2016, 7:54 am

Congress opened up an investigation Wednesday into how hackers tricked the Federal Reserve Bank of New York into handing over $81 million of the Bangladesh central bank’s money in one of the biggest cyber thefts ever. Rep. Lamar Smith (R-Texas), chair of the House Committee on Science, Space and Technology, sent a letter to New […]

Posted in Regulatory, Top | Tagged Federal Reserve, US Congress

Congress launches probe of NY Fed over handling of $80M cyberheist — CNBC

By Securities Docket on June 1, 2016, 6:02 pm

A congressional committee has launched an investigation into the Federal Reserve Bank of New York’s handling of the heist of more than $80 million from accounts it maintains for the central bank of Bangladesh, CNBC has learned. via Congress launches probe of NY Fed over handling of $80M cyberheist — CNBC

Posted in Data Breach, Regulatory, Top | Tagged Federal Reserve

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