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FILE PHOTO: Minneapolis Federal Reserve Bank President Neel Kashkari poses during an interview with Reuters in his office at the bank's headquarters in Minneapolis, Minnesota, U.S., January 10, 2020. REUTERS/ Ann Saphir/File Photo
Federal Reserve Bank of Minneapolis President Neel Kashkari said Friday he was aware the central bank is a very juicy target for state-sponsored hackers.
“We take cybersecurity very, very seriously,” Kashkari said in an appearance before Minnesota’s Technology Advisory Council. “We are, I would argue, probably the most attractive threat target to state actors around the world who want to do bad things to America.”
And as much as the Fed is doing, a breach is likely at some point, with Kashkari saying “it’s just a matter of when and how we respond.”
(Reporting by Michael S. Derby; Editing by Chizu Nomiyama)