GAO: IRS' IT system needs fixing.The IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. needs to fix several serious security control weaknesses to ensure the confidentiality, integrity and availability of sensitive taxpayer and Bank Secrecy Act The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires U.S.A. financial institutions to assist U.S. government agencies to detect and prevent money laundering. information, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the GAO. A recent GAO report found 39 information security control weaknesses. [ILLUSTRATION OMITTED] In 2002, the GAO reported 53 information security weaknesses at the IRS. The IRS has since corrected or mitigated 32 of those. In addition to new security concerns, the report identifies weaknesses in service continuity and business resumption RESUMPTION. To reassume; to promise again; as, the resumption of payment of specie by the banks is general. It also signifies to take things back; as the government has resumed the possession of all the lands which have not been paid for according to the requisitions of the law, and the plans. Download the report at www.gao.gov/new.items/d05482.pdf. |
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