High alert: Global policymakers, regulators and financial institutions have become increasingly concerned about the security of the international banking system.
WASHINGTON: A US congressional committee has launched an investigation into the Federal Reserve's cybersecurity practices after a Reuters report revealed more than 50 cyber breaches at the US central bank between 2011 and 2015.
The House Committee on Science, Space and Technology on Friday sent a letter to Federal Reserve Chair Janet Yellen to express "serious concerns" over the central bank's ability to protect sensitive financial information.
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