Summary:
Issuing a warning, the head of America’s central banking system said, the risk that the Federal Reserve is keeping its “eyes on the most now is [the] cyber risk,” laying out a situation in which a hack could easily take financial institutions offline.While there are a number of potential cyberattacks that could cripple the US economy, the Fed chairman said the nightmare scenario for the US would be a hack that removes the ability of institutions to track payments being made and received, bringing part or all of the financial system to a halt....RTFed Chair warns cyberattacks pose biggest threat to US economy
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Issuing a warning, the head of America’s central banking system said, the risk that the Federal Reserve is keeping its “eyes on the most now is [the] cyber risk,” laying out a situation in which a hack could easily take financial institutions offline.While there are a number of potential cyberattacks that could cripple the US economy, the Fed chairman said the nightmare scenario for the US would be a hack that removes the ability of institutions to track payments being made and received, bringing part or all of the financial system to a halt....RTFed Chair warns cyberattacks pose biggest threat to US economy
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Mike Norman considers the following as important:
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Issuing a warning, the head of America’s central banking system said, the risk that the Federal Reserve is keeping its “eyes on the most now is [the] cyber risk,” laying out a situation in which a hack could easily take financial institutions offline.RTWhile there are a number of potential cyberattacks that could cripple the US economy, the Fed chairman said the nightmare scenario for the US would be a hack that removes the ability of institutions to track payments being made and received, bringing part or all of the financial system to a halt....
Fed Chair warns cyberattacks pose biggest threat to US economy