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US banking watchdog likely covered up FDIC hacking

Hacks, likely by China, were covered up to protect the job of FDIC chairman Martin Gruenberg: congressional report

Hackers compromised 12 workstations and 10 servers at FDIC, which keeps confidential data on America's biggest banks, in 2010, 2011 and 2013, the congressional report said.


THE Chinese government likely hacked computers at the US Federal Deposit Insurance Corporation (FDIC) in 2010, 2011 and 2013 and employees at the US banking regulator covered up the intrusions, according to a congressional report on Wednesday.

The report cited an...

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