Industry News
US Federal Reserve Data Breach
The US Federal Reserve has been breached on at least 50 occasions between 2011 and 2015, according to a report from Reuters. In one of the attacks the breach is alleged to have exposed sensitive credentials, including logins and passwords, as well as other private details, such as mobile numbers, for more than 4,000 U.S. bankers.
Not long after publication of Reuters’ report, another potential incident was hitting the headlines as "a laptop owned by the Federal Reserve with classified bank info" as well as a Fed Blackberry were stolen from a home in Lakeview, just north of Chicago.
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Better to encrypt before the laptop is stolen
The Washington Redskins have confirmed that confidential player data was put at risk of compromise after a laptop computer belonging to a Redskins athletic trainer was stolen in April. The laptop was password-protected, but unencrypted, and contained a cache of electronic medical records for thousands of players.
According to experts, this sort of personal data is valuable to cybercriminals as it can be used for all types of fraud including medical and tax fraud.

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