✉news BusinessBanking first seen 2 h ago, last 1 h ago, peak #12
Fed watchdog flags data breaches by retiring staff member
Original: Fed watchdog flags apparent data breaches by retiring staff member
The Federal Reserve's internal watchdog has flagged apparent data breaches involving a retiring staff member, according to a Reuters report. The disclosure raises questions about how the US central bank handles sensitive information during staff departures, and is likely to prompt scrutiny from lawmakers and oversight bodies concerned with data security at the nation's top banking regulator.
Why now: A fresh Reuters report on the Fed's internal security lapses is drawing attention to data governance at the central bank.
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