Federal Reserve vulnerable to hackers: Inspector general

From: NBR | CNBC

The inspector general for the Federal Reserve is warning that a key database at the central bank needs more cybersecurity protections, according to a summary report.

Compiled in the wake of a security control review of the board’s Statistics and Reserves system, known as STAR, the report finds that overall, “the Division of Monetary Affairs and the Division of Information Technology have taken several steps to implement information security controls.”

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