✉news BusinessBanking first seen 5 h ago, last 1 h ago, peak #7
Fed's inaction let security risks fester, watchdog finds
Original: Fed’s ‘collective lack of action’ let info security risks fester: OIG
The Federal Reserve's Office of Inspector General says a 'collective lack of action' at the central bank allowed information security risks to persist unaddressed. The finding points to internal failures in responding to known cybersecurity vulnerabilities, raising questions about oversight and accountability at the US central bank.
Why now: The inspector general's report is a fresh, critical assessment of the Fed's internal cybersecurity governance.
Federal ReserveOffice of Inspector General
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