Federal Reserve

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.”

Read the full story at Gizmodo.

About Shelly Palmer

Named one of LinkedIn’s Top 10 Voices in Technology, Shelly Palmer is CEO of The Palmer Group, a strategic advisory, technology solutions and business development practice focused at the nexus of media and marketing with a special emphasis on augmented intelligence and data-driven decision-making. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for AdAge, and is a regular commentator on CNBC and CNN. Follow @shellypalmer or visit shellypalmer.com or subscribe to our daily email http://ow.ly/WsHcb

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"Federal Reserve Hacked Late on Tuesday" by @ShellyPalmer

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