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- 1Fed criticized for letting information security risks fester●Fed’s ‘collective lack of action’ let info security risks fester: OIG Governance of the central bank’s information secur
The Federal Reserve's Office of Inspector General says a collective lack of action by the central bank allowed information security risks to go unaddressed. According to the report, governance of the Fed's information security program and enforcement of controls lack clarity, leaving a 2024 security incident unresolved for more than a year.