Tag Archives: Treasury Department

The FBI and the departments of State, Homeland Security and the Treasury have issued a guidance on malicious North Korean cyber activities and courses of action that organizations should take to address such threats.

The Bureau of Fiscal Service has launched two pilot projects focused on blockchain and artificial intelligence technologies to improve customer experience, Federal News Network reported Tuesday.

The General Services Administration will move the Federal Procurement Data System’s main reporting functions – administrative, standard, ad hoc and static – to the System for Award Management’s beta website by March 16, Nextgov reported Wednesday.

The Department of Treasury is nearing completion of an effort to develop a blockchain-based credit system for recipients of federal grants, FCW reported Friday. Craig Fischer, innovation program manager at the treasury department, said the effort aims to tokenize federal letters of credit for the tracking of awarded grants and associated cashflow.

The Senate voted 88-5 Tuesday to confirm Jovita Carranza, treasurer at the Department of the Treasury, as the new head of the Small Business Administration, The Hill reported Tuesday.

The Government Accountability Office found that USAspending.gov, a website service that tracks the federal government's expenses, has improved in data quality since a 2017 audit. The service has improved in ensuring the quality of spending data gathered from federal agencies under the Digital Accountability and Transparency or DATA Act, GAO said Friday.

The Treasury Department has created an “acquisition roadmap” in an effort to standardize and streamline enterprise-wide procurement and deployment of cloud services. A FedBizOpps notice posted Sunday states that the roadmap builds on the department's cloud strategy and seeks to mitigate duplicative contract actions that result from the procurement of proprietary cloud services from varying providers.

The Department of the Treasury has issued sanctions against North Korean cyber terrorists who have targeted critical infrastructure. These state-sponsored hacking groups, known as Lazarus Group, Andariel and Bluenoroff, have been working with the Reconnaissance General Bureau, a North Korean intelligence agency, the department said Friday.

President Trump has signed the Taxpayer First Act extending the Internal Revenue Service’s authority to directly hire cyber staff and offer a higher pay grade for such personnel through 2025, FCW reported Tuesday. The higher salary offer, which can reach up to $240,000, is intended to attract tech and cybersecurity talent, according to the Treasury Department’s inspector general.

Christina Yancey, chief evaluation officer for the Department of Labor, said that interagency efforts to leverage data for policymaking may run into some roadblocks due to data access and security issues, Federal News Network reported Friday.