Hackers looking to sabotage the U.S. banking system could break into larger companies by targeting smaller institutions, warn officials at the Federal Reserve in Boston, who have launched a pilot program to help thwart cyberattacks.
“We’re focused on the small and medium (banks) because they’re a great door into some of the larger organizations,” said Kenneth C. Montgomery, first vice president and chief operating officer at the Federal Reserve Bank of Boston, who joined fed President Eric Rosengren for a sit-down with Boston Herald editors and reporters yesterday. For the full article click here
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