U.S. officials say a Russian cyber-criminal gang developed and distributed malware used to steal at least $100 million from banks and other financial institutions in more than 40 countries over the past decade.
Duane Michael, the executive director of pension system, told The Oklahoman newspaper that the theft happened Aug. 26 after an employee's email account was hacked.
It is part of a wider pattern of malicious state-backed cyber activity that has led the Trump administration to identify North Korea — along with Russia, Iran and China — as one of the main online threats facing the United States.
The journey to modernize is also leading federal agencies toward a “zero-trust” security model, first discussed and implemented in the private sector, but now gaining traction in the public sector.
The policy would require agencies to develop and coordinate on identity management and access protocols that could be used across the federal government.