Fed, OCC Review U.S. Banks After Binance Hack as Experts Cite Security Risks
Federal Reserve and Office of the Comptroller of the Currency supervisors contacted U.S. banks to check whether their systems had any vulnerabilities after a $6.3 billion hack of Binance, according to people familiar with the matter [1]. The outreach began Monday morning, with supervisors asking about any unusual activity or service disruptions, Reuters reported, citing several people familiar with the matter [2].
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