Citibank: It's 'Just Not True' That FBI Is Probing Possible Hacking

The two sides of this story couldn't be further apart:

The Wall Street Journal says it's been told by unnamed "government officials" that the FBI "is probing a computer-security breach targeting Citigroup Inc. that resulted in a theft of tens of millions of dollars by computer hackers who appear linked to a Russian cyber gang."

But Citigroup's Joe Petro, managing director of its Security and Investigative Services, says that "we had no breach of the system and there were no losses, no customer losses, no bank losses. ... Any allegation that the FBI is working a case at Citigroup involving tens of millions of losses is just not true."



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