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The Federal Reserve Bank of New York has assembled a team of cybersecurity experts to protect the institution’s digital infrastructure in the face of concerns that a colossal hack could cause grave fiscal damage.
Sarah Dahlgren, executive vice president of the New York Fed’s Financial Institution Supervision Group, announced the creation of the bank’s cybersquad in a speech Tuesday in Manhattan.
On the heels of high-profile cyberattacks, such as last year’s assault on the computer network of Sony Pictures Entertainment, and as fears mount of a so-called “cyber Armageddon,” Dahlgren said that she’s grown weary of the bank’s own ability to fend off attacks …. http://rt.com/usa