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Was Citibank the Victim of a Massive Breach?

Wall Street Journal reported news of an FBI investigation into an alleged Citibank computer security breach. Citigroup executives, however, categorically deny the breach and investigation. Security experts agree on one point: Large banking institutions are under constant attack. Analyst: “Bigger banks make bigger targets because there’s more booty and more bragging rights to be won from breaking into an institution with a globally recognized brand” Security experts say the report should remind them to stay on alert for suspicious activity. “There are not a lot of details that anyone is releasing about this [alleged] case,” says one security expert.”]

Source: https://www.cuinfosecurity.com/was-citibank-victim-massive-breach-a-2026

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