An audit has been launched by the Treasury Department’s Office of Inspector General after the Department of Government Efficiency (DOGE) accessed sensitive data stored by the Bureau of Fiscal Service. […]
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Treasury Department
A Federal judge in New York on Saturday temporarily blocked access to U.S. Treasury Department payment systems by billionaire Elon Musk’s Department of Government Efficiency’s (DOGE). […]
Lawyers for the Justice Department have agreed to temporarily restrict the Department of Government Efficiency’s (DOGE) access to the Treasury Department’s payment systems. […]
Democratic lawmakers and a coalition of labor organizations are taking action through legislation and a Federal lawsuit to protect Americans’ data after the Treasury Department allegedly shared confidential system access and data with the Department of Government Efficiency (DOGE) led by billionaire Elon Musk and authorized by President Donald Trump. […]
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Jan. 3 that it has imposed sanctions on a Beijing-based cybersecurity company known as Integrity Technology Group, Inc. (Integrity Tech) for its role in a spate of malicious cyber activities. […]
The Cybersecurity and Infrastructure Security Agency (CISA) issued an update today regarding last week’s cybersecurity incident at the Treasury Department, stating that no other Federal agencies appear to have been impacted. […]
A bicameral pair of lawmakers is demanding answers from the Treasury Department following a China state-sponsored breach of some of the department’s sensitive systems. […]
The Treasury Department on Tuesday announced new sanctions on entities in Iran and Russia over attempted election interference in the 2024 U.S. election – including by using artificial intelligence tools to create and disseminate disinformation. […]
The Treasury Department announced Thursday that its efforts in taking a technology and data-driven approach to fraud and improper payment prevention saved more than $4 billion in fiscal year (FY) 2023, including recovering $1 billion by leveraging AI. […]
The Treasury Department’s announcement today of a new round of economic sanctions on Russian businesses and individuals includes notable numbers of new sanctions falling on companies operating in the Russian tech sector. […]
Top IT experts at the Departments of Treasury and Veterans Affairs (VA) said that the Cybersecurity and Infrastructure Security Agency’s (CISA) Joint Cyber Defense Collaborative (JCDC) program holds a lot of promise, but is “still in its infancy” with program kinks to be worked out. […]
Cloud services can help financial institutions become more resilient and secure, but a recent report from the Treasury Department found that there are some challenges that can take away from these benefits. […]
Officials with the Treasury Department’s Bureau of the Fiscal Service (BFS) and the Agriculture Department’s Research, Education, and Economics (REE) organization explained this week how their agencies are focusing on making government data more accessible to the public. […]
The Office of the Comptroller of the Currency (OCC) announced on Oct. 27 that it will establish an Office of Financial Technology early in 2023. […]
The Treasury Department’s Federal Insurance Office (FIO) is looking for feedback through a request for information (RFI) on whether or not the Federal government should offer insurance for “catastrophic” cyber incidents. […]
Amid the rapid growth of the digital currency marketplace, the Treasury Department’s Financial Stability Oversight Council warned in a new report that cryptocurrencies could “pose risks” to the stability of the U.S. economy – especially in the event of lax government oversight. […]
The Treasury Department has appointed Christopher Adams as the agency’s chief information security officer (CISO), according to Adams’ LinkedIn page. […]
The Treasury Department sanctioned cryptocurrency mixer Tornado Cash on August 8, saying the service has been used to launder over $7 billion worth of virtual currency. […]
The Department of the Treasury’s Federal Insurance Office (FIO) published a request for comment today on the Federal Register to help inform a report on the effectiveness of the Terrorism Risk Insurance Program (TRIP) and how to improve the cyber insurance market. […]
Over the last year, the Federal government has allocated billions in funding to help close the digital divide nationwide. Multiple Federal entities, including the Treasury Department and the National Telecommunications and Information Administration (NTIA), have been tasked with overseeing the allocation of Federal funds. […]
The Treasury Department released a new report that found ransomware victims paid $590 million during the first six months of 2021, which is more than the value reported for the entirety of 2020 ($416 million). […]
The Treasury Department’s Bureau of the Fiscal Service released a playbook that’s helping government agencies to automate their business through technology solutions. […]
The Treasury Department has issued another update in its search for a vendor for the department’s TCloud enterprise cloud contract. […]
The Treasury Department’s Bureau of Engraving and Printing (BEP) employees have a new fashion accessory to wear to work – a contact-tracing device that utilizes 4G cellular data with the Amazon Web Services (AWS) cloud to mitigate the spread of COVID-19. […]
The Treasury Department is proposing a new rule that would make definitional changes to incorporate cyber coverage guidance in Terrorism Risk Insurance Program (TRIP) regulations. […]
The Treasury Department is asking organizations not to pay off malicious actors to terminate ransomware attacks without carefully considering possible national security threats – and said it may implement penalties for organizations that choose to pay ransom to their attackers. […]
The Government Accountability Office (GAO) is recommending that the Treasury Department take steps – in coordination with the Department of Homeland Security and others – to better track and prioritize cyber risk mitigation efforts across the financial services sector. […]
The Treasury Department’s Bureau of the Fiscal Service is seeking a third-party provider for data center colocation services, per a July 23 request for information (RFI). […]
The General Services Administration (GSA) and the Treasury Department have been formally designated as civilian human resources transaction services and financial management services Quality Service Management Offices (QSMOs), respectively, per a June 29 Office of Management and Budget (OMB) press release. […]
The Government Accountability Office issued two reports on March 31 calling for improved information controls at the Treasury Department’s Bureau of the Fiscal Service, and said the Bureau has not completed corrective actions on many of the problems that GAO found in its prior-year audit. […]