Fed Confirms Hackers' Breach of Website, Reuters Reports

A Federal Reserve website was breached by hackers though no critical functions were compromised, according to a report from Reuters.

“The Federal Reserve system is aware that information was obtained by exploiting a temporary vulnerability in a website vendor product,” Reuters quoted a Fed spokeswoman as saying. “Exposure was fixed shortly after discovery and is no longer an issue. This incident did not affect critical operations of the Federal Reserve system,” the unnamed spokeswoman said.

Lisa Oliva, a spokeswoman for the Federal Reserve Bank of Richmond didn’t immediately respond to an e-mail and phone call placed after business hours in the U.S. The Richmond Fed runs the system’s information-technology office.

The intrusion comes less than three months after U.S. lawmakers failed to advance legislation aimed at safeguarding computer networks considered vital to U.S. economic and national security.

In October, President Barack Obama signed a separate cybersecurity directive authorizing the National Security Agency and other military units to take more aggressive action to defeat attacks on government and private computer systems.

Many of the largest U.S. banks including Bank of America Corp. and JPMorgan Chase & Co. were targeted by hackers in a series of so-called denial-of-service attacks last year that flooded the banks’ websites with traffic and caused disruptions for online customers.

To contact the reporter on this story: Joshua Zumbrun in Washington at jzumbrun@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

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