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Fed's inaction let cybersecurity risks fester, watchdog finds
Original: Fed’s ‘collective lack of action’ let info security risks fester: OIG
A report from the Office of Inspector General faulted the Federal Reserve for a 'collective lack of action' on information security, saying internal risks were allowed to persist without adequate response. The finding raises fresh questions about how the US central bank manages its cybersecurity and internal oversight of sensitive systems.
Why now: The OIG's critical report on the Fed's handling of information security risks has just been published.
Federal ReserveOffice of Inspector General
Evidence
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