Top Federal agency technology officials this week preached the virtues of continuous technology modernization as an ongoing process – rather than approaching modernization as a completed effort after specific goals have been achieved. […]
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The Office of the Inspector General (OIG) at the Federal Deposit Insurance Corporation (FDIC), in an audit report released on July 25, found that the agency’s current governance and strategy controls of its cloud computing transition lack in several vital areas, posing cybersecurity risks. […]
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). […]
The Federal Deposit Insurance Corp. (FDIC) has appointed Sanjeev Purohit as deputy chief information officer (CIO) and acting chief technology officer (CTO) within the agency’s Office of the Deputy CIO and Office of the CIO and Chief Privacy Officer (OCIO). […]
The Federal Deposit Insurance Corporation (FDIC) has named Chezian Sivagnanam chief architect for IT architecture and design within the agency’s chief information officer organization. […]
The Federal Deposit Insurance Corp. (FDIC) has appointed long-term IT expert Stacie Alboum as deputy director of enterprise strategy in FDIC’s Chief Information Officer Organization (CIOO). […]
The growing investment in technology and IT solutions naturally comes with caveats with regards to price. CIOs from the Federal Deposit Insurance Corporation (FDIC), Department of Energy (DOE), and the Environmental Protection Agency (EPA) remain conscientious of making sure the planet does not pay that price. […]
The Federal Deposit Insurance Corporation (FDIC) has named Geoffrey Nieboer as the agency’s Chief Data Officer (CDO), and moved Brian Whittaker to the role of Acting Chief Innovation Officer, according to the agency’s organization directory. […]
About a year after joining the Federal Deposit Insurance Corporation (FDCI), Sultan Meghji, the agency’s chief innovation officer (CIO), quit his job at FDIC on Feb. 18 and cited “tech hesitancy” in government as his primary motive for doing so. […]
vThe Government Accountability Office (GAO) recently reviewed five financial regulators to understand their systems for protecting personally identifiable information (PII)— which can be shared with Federal agencies, law enforcement, and contractors— and found room for improvement in certain areas. […]
The Federal Deposit Insurance Corporation (FDIC) has a strong information security maturation, with an overall grade of 4 on a 5-point scale, but still has “significant security control weaknesses,” according to a recent audit of its information security practices released by the FDIC Office of the Inspector General (OIG). […]
The Federal Deposit Insurance Corporation (FDIC) is currently accepting applications for participation in its tech sprint “to identify and develop measures, data, and other capabilities to understand how resilient banks are to major disruptions,” the agency announced this week. […]
A report from the Office of Inspector General (OIG) at the Federal Deposit Insurance Corporation (FDIC) found that the FDIC has not established and implemented effective controls to secure and manage its mobile devices. […]
Federal government financial regulators are seeking comment on a proposed rule looking to increase accountability for banks that experience cybersecurity incidents by implementing requirements that they report incidents to their primary regulators within 36 hours of discovery. […]
The Federal Deposit Insurance Corp. (FDIC) has named Sylvia Burns Chief Information Officer and Chief Privacy Officer, with a mandate to lead implementation of the agency’s five-year IT modernization plan. […]
The Federal Deposit Insurance Corporation (FDIC) announced today that CIO Howard Whyte is stepping down effective Jan. 3 to join the private sector. […]
A spotty risk management strategy, along with poor security control assessment procedures, are undermining the Federal Deposit Insurance Corporation (FDIC)’s ability to identify and detect network security threats, according to an FDIC Office of the Inspector General (OIG) report released on Oct. 23. […]
The Federal Deposit Insurance Corporation (FDIC) took quick action to secure Domain Name System (DNS) services on its websites, meeting the deadlines set out in Emergency Directive 19-01, according to an audit conducted by FDIC’s inspector general and released September 24. […]
The Federal Deposit Insurance Corporation (FDIC) is looking for proposals for IT Infrastructure Support Services on a contract that could run 7.5 years and total up to $487.5 million. […]
An inspector general (IG) report publicly released this week identified weaknesses in the Federal Deposit Insurance Corporation’s (FDIC’s) network firewalls and security information and event management (SIEM) tools. […]
The inspector general for the Federal Deposit Insurance Corporation (FDIC) last week released a report on top challenges for the agency, which includes both ensuring effective cybersecurity oversight of banks and implementing strong information security policies within the agency. […]
Welcome to MeriTalk News Briefs, where we bring you all the day’s action that didn’t quite make the headlines. No need to shout about ‘em, but we do feel that they merit talk. […]
It’s not exactly the heist of the century, but the FDIC has stirred up a bit of controversy. Departing FDIC employees downloaded their family photos, personal emails, and the sensitive data of over 100,000 bank customers–oops. Instead of reporting to Congress, the agency stayed mum for months. This earned the agency a strict chiding from their IG in the form of a special inquiry issued on April 16. Fa […]
Renitalynette Anderson, the former deputy director of business administration at the Federal Deposit Insurance Corporation, accepted a new position as president at Quality Technology (QuTech), an IT solutions provider specializing in in cybersecurity, data center management, cloud computing, call center management, program management, and IT consulting with Federal, state, and local governments. […]
The FDIC is not accurately disclosing agency expenditures and spending information in compliance with the Digital Accountability and Transparency Act of 2014 (DATA Act), according to a recent audit issued by the FDIC Office of Inspector General (OIG). […]