FDIC

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. […]

FDIC

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. […]

FDIC

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). […]

FDIC

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). […]

FDIC
FDIC

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. […]

FDIC

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. […]

FDIC

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. […]

FDIC

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. […]

cellphone

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. […]

FDIC

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. […]

FDIC

The Federal Deposit Insurance Corporation (FDIC) announced today that CIO Howard Whyte is stepping down effective Jan. 3 to join the private sector. […]

FDIC

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. […]

Cybersecurity flag

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. […]

FDIC
FDIC

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. […]

cybersecurity

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.  […]

FDIC

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). […]

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