GAO: FDIC failed to fully implement controls to authenticate its system users’ identities, restrict access to sensitive systems and data. GAO also notes deficiencies in information system controls at Treasury unit managing U.S. debt. FDIC Chief Financial Officer Steven App says the agency concurs with the recommended corrective actions by Dec. 31. Treasury Commissioner Sheryl Morrow acknowledges the deficiencies in a private message to GAO and pledges to address them, GAO says. The Treasury unit manages the federal debt.”]
Source: https://www.bankinfosecurity.com/gao-identifies-weakness-in-fdic-infosec-a-7085