secwatch.observer — SEC 8-K summary
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Issuer:     Federal Home Loan Bank of New York (—)
CIK:        0001329842
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001654954-24-002505
Event type: cyber
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.05
LLM model:  deepseek-v4-flash:cloud@v2

FHLB New York detects fraudulent fund attempt via compromised fourth-party vendor; no funds lost
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- On Feb 21, 2024, the Bank detected unknown persons attempting to fraudulently obtain funds through a compromised fourth-party vendor.
- Bank's own IT systems were not compromised; no unauthorized transactions executed and no funds transferred.
- Bank members continued to execute transactions without interruption.
- Incident has not had a material impact on operations; Bank believes no material impact on financial condition or results.
- Prompt containment and remediation steps were taken upon detection.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329842/000165495424002505/0001654954-24-002505-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329842/000165495424002505/fhlbny_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-002505

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