Blog | G5 Cyber Security

Federal Reserve Breach: What Happened?

Hacktivist group Anonymous is taking credit for the Feb. 3 attack on the Federal Reserve. Experts say the attack is an eye-opening reminder that credentials should never be stored in an online-accessible database. The Federal Reserve System acknowledges the attack, but has not confirmed who was behind it. Online security experts say organizations still must adhere to best practices and ensure that they implement strong encryption and authentication to protect sensitive data. The Fed acknowledges that information was obtained by exploiting a temporary vulnerability in a website vendor product.”]

Source: https://www.cuinfosecurity.com/federal-reserve-breach-what-happened-a-5499

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