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Office of Inspector General

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    Fed's inaction let cybersecurity risks fester, watchdog finds▼Fed’s ‘collective lack of action’ let info security risks fester: OIG✉newsBusinessBanking31 min ago

    A report from the Office of Inspector General faults the Federal Reserve for a 'collective lack of action' on information security risks, saying weaknesses were allowed to persist. The finding puts renewed scrutiny on the central bank's internal controls and its handling of longstanding IT security vulnerabilities.