FDIC was hacked by China, and CIO covered it up
A report published by the House Committee on Science, Space and Technology today found that hackers purported to be from China had compromised computers at the Federal Deposit Insurance Corporation repeatedly between 2010 and 2013. Backdoor malware was installed on 12 workstations and 10 servers by attackers—including the workstations of the chairman, chief of staff, and general counsel of FDIC. But the incidents were never reported to the US Computer Emergency Response Team (US-CERT) or other authorities, and were only brought to light after an Inspector General investigation into another serious data breach at FDIC in October of 2015.
The FDIC failed at the time of the "advanced persistent threat" attacks to report the incidents. Then-Inspector General at FDIC, Jon Rymer, lambasted FDIC officials for failing to follow their own policies on breach reporting. Further investigation into those breaches led the committee to conclude that former FDIC CIO Russ Pittman misled auditors about the extent of those breaches, and told employees not to talk about the breaches by a foreign government so as not to ruin FDIC Chairman Martin Gruenberg's chances of confirmation.
