✉news BusinessBanking first seen 7 h ago, last 37 min ago, peak #7
Fed's inaction let information 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 has found that a 'collective lack of action' at the central bank allowed information security risks to persist and worsen. The report criticizes the Fed for failing to address identified cybersecurity vulnerabilities in a timely manner, raising concerns about how the institution protects sensitive financial data and systems.
Why now: A watchdog report just faulted the Federal Reserve for ignoring known information security risks, drawing attention to cybersecurity at the central bank.
Federal ReserveOffice of Inspector General
Evidence
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