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Fed watchdog warns of security deficiencies at central bank

Original: Federal Reserve’s watchdog warns of security ‘deficiencies’ at central bank

The Federal Reserve's internal watchdog has warned of security 'deficiencies' at the US central bank, according to the Financial Times. The report raises questions about how well the institution protects its systems and sensitive information, and comes as scrutiny of the Fed's internal operations and accountability is already high.

Why now: Newly reported criticism of the Federal Reserve's internal security has drawn attention amid heightened scrutiny of the central bank.

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