Fed watchdog flags gaps in security incident oversight

Fed watchdog flags apparent data breaches by retiring staff member

The Federal Reserve’s in-house watchdog said on Monday ​that a retiring staff member was caught multiple times trying to remove confidential central bank information as this employee exited the ‌central bank, while noting this apparent breach did not ultimately trigger a formal misconduct finding.

Fed watchdog flags gaps in security incident oversight

The Federal Reserve's Office of Inspector General released a report Monday highlighting weaknesses in how information security incidents are identified and resolved.