The Federal Deposit Insurance Corporation (FDIC) – which has been much in the news in recent weeks due to banking sector turmoil – has more work to do to improve security of its user identification and authentication technology, according to the agency’s inspector general.
The Federal Deposit Insurance Corp (FDIC) needs to figure out better ways to effectively assess cybersecurity concerns at the financial institutions that it regulators, according to a recent report from the agency’s Office of Inspector General (OIG).