Security News > 2022 > July > Weak data protection helped China attack US Federal Reserve, report says
The investigation relies on information mainly gathered by the US central bank regarding an internal probe of 13 persons of interest known as the P-network.
Those individuals were allegedly part of a network engaged in a "Sustained malign influence and information theft campaign" targeting the Federal Reserve.
Among the investigation's conclusions is that the Federal Reserve must improve protection of confidential information.
The tactics were said to limit the investigation's insight of the network's activities.
The report said analysis of internet browsing history revealed one Federal Reserve employee had searched for articles that would help them further understand punishments for economic espionage and lying about selling confidential information to Chinese intelligence agents.
"We are confident that Federal Reserve staff understand their obligations and are committed to maintaining both the confidentiality of sensitive information and the integrity of our workforce," said US Federal Reserve Chairman Jerome Powell on Tuesday.
News URL
https://go.theregister.com/feed/www.theregister.com/2022/07/27/weak_data_protection_helped_chinese/
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