Exclusive: Six U.S. senators urge Obama to prioritize cyber crime at G20 summitNEW YORK (Reuters) - Six U.S. senators have urged President Barack Obama to prioritize cyber crime at this weekend’s Group of 20 summit in China, in the wake of the theft of $81 million from Bangladesh’s central bank, according to a letter obtained by Reuters. In the letter sent to the White House ahead of the Sept. 4-5 summit, Sherrod Brown, a senior Democrat on the Senate Banking Committee, and five other Democratic senators say they want the U.S. president to press leaders from the world’s 20 biggest economies to commit in joint communiques to a “coordinated strategy to combat cyber-crime at critical financial institutions.” The letter, dated Monday, suggests that concern among U.S. lawmakers is growing over the February incident in which hackers breached Bangladesh Bank’s systems and used the SWIFT banking network to request nearly $1 billion from an account held at the Federal Reserve Bank of New York. Some of the dozens of orders were filled, with much of the lost $81 million disappearing into Philippines casinos - prompting months of international finger-pointing, an ongoing investigation, and several requests from members of Congress for answers from the Fed and from SWIFT, the secure messaging service that banks use to transfer money around the world. “Our financial institutions are connected in order to facilitate global commerce, but cyber criminals - whether independent or state-sponsored - imperil this international system in a way few threats have,” the senators, headed by Gary Peters of Michigan, wrote in the letter to Obama. “We strongly urge you to work with your counterparts and prioritize this discussion at the G20 leaders level in September,” it said of the summit to be held in Hangzhou, China, adding that “executive leadership circles across the globe” needed to pay more attention to the risks. A senator in the Philippines has said Chinese hackers were likely to have pulled off the Bangladesh Bank heist, citing a network of Chinese people involved in the routing of the stolen funds through Manila. Beijing has dismissed the suggestion. Copies of the letter from the U.S. senators were also sent to Federal Reserve Chair Janet Yellen and U.S. Treasury Secretary Jack Lew. OBAMA-XI TALKS The other senators signing the letter were Mark Warner and Martin Heinrich, both members of the Senate’s Select Committee on Intelligence; Kirsten Gillibrand and Debbie Stabenow, the ranking Democrat on the Senate’s Committee on Agriculture, Nutrition, and Forestry. The White House expects G20 members at the summit “to affirm their commitment to cooperate to fight cybercrime and to enhance confidence and trust in the digital economy,” a senior administration official said. Asked generally about cyber security on Monday, White House spokesman Josh Earnest said at a press conference: “I would anticipate that this issue more generally will be on the agenda” when Obama meets Chinese President Xi Jinping, the G20 summit host, later this week.  At a November summit, the G20 pledged not to conduct economically motivated cyber espionage, an agreement intended to reduce the estimated hundreds of billions of dollars worth of commercial trade secrets that are stolen by foreign governments seeking to benefit industry in their own countries.  Since then, the Bangladesh Bank attack and others that have emerged are only some of the threats posed by cyber criminals, the senators wrote. World regulators should “erect more robust defenses and collaborative systems to prevent and mitigate the impact of successful attacks,” the letter said, noting that steps already taken by SWIFT are not enough. Bangladesh said it supported raising the issue at G20. “In most cases, cyber attacks and crimes take place from outside the country,” said Zunaid Ahmed Palak, a junior government minister for information and communications technology.  “So while addressing fast growing cyber attacks, there should be a coordinated approach involving global stakeholders.”  The Fed and other U.S. regulators said in a letter last week they were focused on cyber risks and controls at banks in the wake of the Bangladesh incident, though they offered few specifics.  Peters, a member of the Senate’s Committee on Homeland Security and Governmental Affairs, told Reuters he is considering requesting a committee hearing on the heist. “I am concerned about the response and what steps have been taken to make sure it doesn’t happen again,” he said in an interview. “You just need more collaboration and sharing of information... because often times all these entities aren’t talking to each other.” (This story has been refiled with full name of Bangladesh minister) politicsNews
exclusive six senators urge obama prioritize cyber crime summitnew york reuters six senators urged president barack obama prioritize cyber crime weekend group summit china wake theft million bangladesh central bank according letter obtained reuters in letter sent white house ahead summit sherdog brown senior democrat senate banking committee five democratic senators say want president press leaders world biggest economies commit joint communique coordinated strategy combat critical financial the letter dated monday suggests concern among lawmakers growing february incident hackers breached bangladesh bank systems used swift banking network request nearly billion account held federal reserve bank new york some dozens orders filled much lost million disappearing philippines casinos prompting months international ongoing investigation several requests members congress answers fed swift secure messaging service banks use transfer money around world our financial institutions connected order facilitate global commerce cyber criminals whether independent imperial international system way threats senators headed gary peters michigan wrote letter obama we strongly urge work counterparts prioritize discussion leaders level september said summit held guangzhou china adding executive leadership circles across globe needed pay attention risks a senator philippines said chinese hackers likely pulled bangladesh bank heist citing network chinese people involved routing stolen funds manila beijing dismissed suggestion copies letter senators also sent federal reserve chair janet ellen treasury secretary jack new talks the senators signing letter mark warner martin enrich members senate select committee intelligence kristen gillibrand debate stabenow ranking democrat senate committee agriculture nutrition forestry the white house expects members summit affirm commitment cooperate fight cybercrime enhance confidence trust digital economy senior administration official said asked generally cyber security monday white house spokesman josh earnest said press conference i would anticipate issue generally agenda obama meets chinese president xi winning summit host later week at november summit pledged conduct economically motivated cyber espionage agreement intended reduce estimated hundreds billions dollars worth commercial trade secrets stolen foreign governments seeking benefit industry countries since bangladesh bank attack others emerged threats posed cyber criminals senators wrote world regulators erect robust defenses collaborative systems prevent mitigate impact successful attacks letter said noting steps already taken swift enough bangladesh said supported raising issue in cases cyber attacks crimes take place outside country said unpaid ahmed talk junior government minister information communications technology so addressing fast growing cyber attacks coordinated approach involving global the fed regulators said letter last week focused cyber risks controls banks wake bangladesh incident though offered specifics peters member senate committee homeland security governmental affairs told reuters considering requesting committee hearing heist i concerned response steps taken make sure happen said interview you need collaboration sharing information often times entities talking this story refined full name bangladesh minister politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Exclusive: Six U.S. senators urge Obama to prioritize cyber crime at G20 summitNEW YORK (Reuters) - Six U.S. senators have urged President Barack Obama to prioritize cyber crime at this weekend’s Group of 20 summit in China, in the wake of the theft of $81 million from Bangladesh’s central bank, according to a letter obtained by Reuters. In the letter sent to the White House ahead of the Sept. 4-5 summit, Sherrod Brown, a senior Democrat on the Senate Banking Committee, and five other Democratic senators say they want the U.S. president to press leaders from the world’s 20 biggest economies to commit in joint communiques to a “coordinated strategy to combat cyber-crime at critical financial institutions.” The letter, dated Monday, suggests that concern among U.S. lawmakers is growing over the February incident in which hackers breached Bangladesh Bank’s systems and used the SWIFT banking network to request nearly $1 billion from an account held at the Federal Reserve Bank of New York. Some of the dozens of orders were filled, with much of the lost $81 million disappearing into Philippines casinos - prompting months of international finger-pointing, an ongoing investigation, and several requests from members of Congress for answers from the Fed and from SWIFT, the secure messaging service that banks use to transfer money around the world. “Our financial institutions are connected in order to facilitate global commerce, but cyber criminals - whether independent or state-sponsored - imperil this international system in a way few threats have,” the senators, headed by Gary Peters of Michigan, wrote in the letter to Obama. “We strongly urge you to work with your counterparts and prioritize this discussion at the G20 leaders level in September,” it said of the summit to be held in Hangzhou, China, adding that “executive leadership circles across the globe” needed to pay more attention to the risks. A senator in the Philippines has said Chinese hackers were likely to have pulled off the Bangladesh Bank heist, citing a network of Chinese people involved in the routing of the stolen funds through Manila. Beijing has dismissed the suggestion. Copies of the letter from the U.S. senators were also sent to Federal Reserve Chair Janet Yellen and U.S. Treasury Secretary Jack Lew. OBAMA-XI TALKS The other senators signing the letter were Mark Warner and Martin Heinrich, both members of the Senate’s Select Committee on Intelligence; Kirsten Gillibrand and Debbie Stabenow, the ranking Democrat on the Senate’s Committee on Agriculture, Nutrition, and Forestry. The White House expects G20 members at the summit “to affirm their commitment to cooperate to fight cybercrime and to enhance confidence and trust in the digital economy,” a senior administration official said. Asked generally about cyber security on Monday, White House spokesman Josh Earnest said at a press conference: “I would anticipate that this issue more generally will be on the agenda” when Obama meets Chinese President Xi Jinping, the G20 summit host, later this week.  At a November summit, the G20 pledged not to conduct economically motivated cyber espionage, an agreement intended to reduce the estimated hundreds of billions of dollars worth of commercial trade secrets that are stolen by foreign governments seeking to benefit industry in their own countries.  Since then, the Bangladesh Bank attack and others that have emerged are only some of the threats posed by cyber criminals, the senators wrote. World regulators should “erect more robust defenses and collaborative systems to prevent and mitigate the impact of successful attacks,” the letter said, noting that steps already taken by SWIFT are not enough. Bangladesh said it supported raising the issue at G20. “In most cases, cyber attacks and crimes take place from outside the country,” said Zunaid Ahmed Palak, a junior government minister for information and communications technology.  “So while addressing fast growing cyber attacks, there should be a coordinated approach involving global stakeholders.”  The Fed and other U.S. regulators said in a letter last week they were focused on cyber risks and controls at banks in the wake of the Bangladesh incident, though they offered few specifics.  Peters, a member of the Senate’s Committee on Homeland Security and Governmental Affairs, told Reuters he is considering requesting a committee hearing on the heist. “I am concerned about the response and what steps have been taken to make sure it doesn’t happen again,” he said in an interview. “You just need more collaboration and sharing of information... because often times all these entities aren’t talking to each other.” (This story has been refiled with full name of Bangladesh minister) politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: exclusive six senators urge obama prioritize cyber crime summitnew york reuters six senators urged president barack obama prioritize cyber crime weekend group summit china wake theft million bangladesh central bank according letter obtained reuters in letter sent white house ahead summit sherdog brown senior democrat senate banking committee five democratic senators say want president press leaders world biggest economies commit joint communique coordinated strategy combat critical financial the letter dated monday suggests concern among lawmakers growing february incident hackers breached bangladesh bank systems used swift banking network request nearly billion account held federal reserve bank new york some dozens orders filled much lost million disappearing philippines casinos prompting months international ongoing investigation several requests members congress answers fed swift secure messaging service banks use transfer money around world our financial institutions connected order facilitate global commerce cyber criminals whether independent imperial international system way threats senators headed gary peters michigan wrote letter obama we strongly urge work counterparts prioritize discussion leaders level september said summit held guangzhou china adding executive leadership circles across globe needed pay attention risks a senator philippines said chinese hackers likely pulled bangladesh bank heist citing network chinese people involved routing stolen funds manila beijing dismissed suggestion copies letter senators also sent federal reserve chair janet ellen treasury secretary jack new talks the senators signing letter mark warner martin enrich members senate select committee intelligence kristen gillibrand debate stabenow ranking democrat senate committee agriculture nutrition forestry the white house expects members summit affirm commitment cooperate fight cybercrime enhance confidence trust digital economy senior administration official said asked generally cyber security monday white house spokesman josh earnest said press conference i would anticipate issue generally agenda obama meets chinese president xi winning summit host later week at november summit pledged conduct economically motivated cyber espionage agreement intended reduce estimated hundreds billions dollars worth commercial trade secrets stolen foreign governments seeking benefit industry countries since bangladesh bank attack others emerged threats posed cyber criminals senators wrote world regulators erect robust defenses collaborative systems prevent mitigate impact successful attacks letter said noting steps already taken swift enough bangladesh said supported raising issue in cases cyber attacks crimes take place outside country said unpaid ahmed talk junior government minister information communications technology so addressing fast growing cyber attacks coordinated approach involving global the fed regulators said letter last week focused cyber risks controls banks wake bangladesh incident though offered specifics peters member senate committee homeland security governmental affairs told reuters considering requesting committee hearing heist i concerned response steps taken make sure happen said interview you need collaboration sharing information often times entities talking this story refined full name bangladesh minister politicsnews