The 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.”
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.