Multiple news agencies are reporting (quietly we think) that the Federal Deposit Insurance Corporation (FDIC) was hacked between 2010 and 2013 – and that the US Government tried to cover it up!
WASHINGTON (Reuters) – The Chinese government likely hacked computers at the Federal Deposit Insurance Corporation in 2010, 2011 and 2013 and employees at the U.S. banking regulator covered up the intrusions, according to a congressional report on Wednesday.
The report cited an internal FDIC investigation as identifying Beijing as the likely perpetrator of the attacks, which the probe said were covered up to protect the job of FDIC Chairman Martin Gruenberg, who was nominated for his post in 2011.
“The committee’s interim report sheds light on the FDIC’s lax cyber security efforts,” said Lamar Smith, a Republican representative from Texas who chairs the House of Representatives Committee on Science, Space and Technology.
“The FDIC’s intent to evade congressional oversight is a serious offense.”
Don’t just take our word for it – read these articles – which you probably won’t see on your daily news TV reports:
- CNN Money Report: China hacked the FDIC – and US officials covered it up, report says
- Huffington Post: FDIC Accused Of Covering Up China Hacking To Protect Chairman’s Job
- China likely hacked US banking regulator, report finds
- NBC Tech News: Chinese Government Suspected of Hacking into FDIC Computers
These aren’t some routine ‘keep quiet’ rules from the FDIC – Congress had specifically requesting information from the FDIC on their cyber-security policies and any breaches made. Those requests went unanswered – and the this raises a LOT of questions.
Today the congressional committee expects to hear an explanation from the FDIC chairman on why the coverup was implemented.