The Office of the Inspector General has begun auditing the Federal Reserve’s effectiveness when it comes to ensuring that U.S. banks have robust information security policies, procedures and practices in place. The audit is due to be completed in the fourth quarter of this year. It follows the February theft of $81 million from the central bank of Bangladesh’s New York Federal Reserve account via the messaging service provided by Brussels-based SWIFT. Security experts say they have a high degree of confidence that a group sponsored by the government of North Korea was behind the hacks.”]
Source: https://www.govinfosecurity.com/federal-reserve-watchdog-probes-banks-cybersecurity-a-9215