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Tag Archives: Federal Deposit Insurance Corporation

FDIC Inspector General Advises Boost in Security, Management, Innovation

The Federal Deposit Insurance Corporation's Office of the Inspector General has identified the agency's weaknesses in the areas of security, technological modernization and management. Jay Lerner, FDIC inspector general, said Thursday in a report the agency needs to focus on cybersecurity risk oversight, financial technology innovation, information security management, crisis preparation and enterprise risk management.

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FDIC Ramps Up CISO Search

The Federal Deposit Insurance Corporation looks for a new chief information security officer to oversee information technology security activities across the agency. A USAJobs notice posted Oct. 26 says the CISO will oversee and direct security programs involving FDIC’s IT infrastructure and communications systems as well as agency and personnel data. …

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GAO: FDIC Should Further Implement Information Security Program, Address Configuration Mgmt Gaps

The Government Accountability Office has urged the Federal Deposit Insurance Corporation to exploit the full implementation of its information security program and mitigate identified access and configuration management gaps. GAO said in a report published Wednesday that it discovered potential lapses on the authorization controls, boundary protection, identification and authentication capacity of the …

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Report: FBI Investigates China-Linked Cyber Breach at FDIC

The FBI has begun to investigate a security breach at the Federal Deposit Insurance Corp. that started in 2010 and included the computer of then-FDIC Chairwoman Sheila Bair, Reuters reported Friday. Individuals familiar with the matter told Reuters that senior officials at FDIC believe the breach, which is being investigated …

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GAO: FDIC Security Program Concerns Put Financial Information, Systems at Risk

The U.S. Government Accountability Office has warned the Federal Deposit Insurance Corporation‘s financial information and systems are at risk due to security concerns within the FDIC’s information security systems. GAO said Thursday that the study conducted on FDIC showed the agency had vulnerabilities on the third-party softwares that supported its financial processing and lacked …

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