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U.s. Bank Regulator Chief Unaware Of Any Hacking Cover-Up: Hearing


Ron Burgundy
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FDIC Chairman Gruenberg holds briefing to announce bank and thrift industry earnings for the first quarter of 2013 in WashingtonBy Jason Lange and Dustin Volz WASHINGTON (Reuters) - The head of a U.S. banking regulator on Thursday said he was unaware of any efforts by his staff to cover up hacking of the agency's computers by a foreign government in 2010 and 2011, as outlined by a congressional report. Federal Deposit Insurance Corporation Chairman Martin Gruenberg told a hearing of the committee that published the report that he first learned of the security breach in 2011 when he was the FDIC's acting chairman. Lawmakers questioned Gruenberg about his knowledge of what the report described as a cover-up by a senior FDIC executive who ordered staff not to disclose the hacks for fear of endangering Gruenberg's confirmation to the chairman's post by the U.S. Senate.




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