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Federal Reserve InfoSec Concerns Raised

An inspector general report on a Federal Reserve audit raises more questions than it answers. The audit focuses on the Fed’s Statistics and Reserve System, or STAR. The system is a mainframe system developed in 1998 that supports the statistics and reserves functions at the Federal Reserve’s Board and banks. A breach could place the agency at a significant disadvantage or result in major damage, requiring extensive repairs. The IG says it did not publish the full audit – even a redacted version – “given the sensitivity of information security review work””]

Source: https://www.cuinfosecurity.com/blogs/federal-reserve-infosec-concerns-raised-p-2024

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