Federal Reserve Hacked Late on Tuesday

Federal ReserveThe Federal Reserve said that one of its internal websites had been hacked on Tuesday. It’s unclear who did the hacking but the Feds say that the hackers were not able to do any serious damage. Reuters says that, “no critical functions of the central bank were affected by the intrusion.” The internal website that the hackers breached was a contact database for banks to use during a natural disaster—basically, execs used it to update the Federal Reserve on whether or not their operations have been damaged in a disaster. It was not a public website. A Fed spokeswoman said: “The Federal Reserve system is aware that information was obtained by exploiting a temporary vulnerability in a website vendor product… Exposure was fixed shortly after discovery and is no longer an issue. This incident did not affect critical operations of the Federal Reserve system.”

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Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).