“State-sponsored hackers aligned with the Chinese government have been accused of infiltrating the computer networks of the Federal Deposit Insurance Corporation (FDIC), a major banking regulator responsible for safeguarding the bank accounts of US citizens.
According to a damning report compiled by the House Committee on Science, Space and Technology, “advanced persistent threat” (APT) hackers compromised 12 agency work stations and 10 servers in three separate cases in between October 2010 and April 2013.
The hacks, alongside a number of internal security breaches involving past staffers, were never declared to law enforcement or the US Computer Emergency Response Team (US-CERT), the authority that manages cyberattack responses in the US, the probe claims.
What’s worse, evidence from a number of FDIC whistle-blowers indicates the agency actively worked to cover up breaches impacting high-level officials – including the former chairman, chief of staff and general counsel, whose computers were all reportedly targeted. …”