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The FDIC and security experts have responded to the House Committee on Science, Space and Technology’s scathing investigation report about hackers breaching the banking agency’s computers repeatedly between 2010 and 2013.

The report claimed cyberattackers, purportedly from China, placed backdoor malware on a dozen workstations and 10 servers, including those of the chairman, chief of staff and the FDIC’s general counsel. The House committee investigation concluded the agency misled auditors about the extent of those breaches and told employees not to talk about the breaches.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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