US Treasury tells banks to provide details on cyberattacks

A woman crosses a nearly empty street at rush hour, near the U.S. Treasury Building during a snow storm in Washington March 5, 2015. REUTERS/Joshua Roberts

The US government told banks to include details about cyberattacks when filing mandatory reports on fraud and money laundering, saying that will help battle digital crimes that pose "a significant threat" to the US financial system. 

The US government has long required banks to submit confidential reports known as suspicious activity reports, or SARs, in fraud cases involving at least US$5,000 (RM20,789).