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Security weaknesses persist at FDIC.


In March, Congress's investigative arm found 26 problems with the way the Federal Deposit Insurance Corp. handles its information security. As of the end of May, 21 of those 26 problems have been addressed, but the FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
 still has some data-security holes, the Government Accountability Office The Government Accountability Office (GAO) is the audit, evaluation, and investigative arm of the United States Congress, and thus an agency in the Legislative Branch of the United States Government.  said.

A GAO report suggests the FDIC "has made substantial progress" in fixing security weaknesses found in a previous audit, but the agency still needs to protect the integrity and confidentiality of its sensitive data, including financial data, GAO said.

In addition to the five security weaknesses it previously found, GAO said it found new ones relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 email security, physical security of sensitive data held by the FDIC, and configuration management, or how the FDIC identifies and manages the security features for the hardware, software and firmware A category of memory chips that hold their content without electrical power. Firmware includes flash, ROM, PROM, EPROM and EEPROM technologies. When holding program instructions, firmware can be thought of as "hard software." See flash memory, ROM, PROM, EPROM, EEPROM and FOTA.  that handles its data.

"Although these weaknesses do not pose significant risk of misstatement mis·state  
tr.v. mis·stat·ed, mis·stat·ing, mis·states
To state wrongly or falsely.



mis·statement n.
 of the corporation's financial statements, they do increase preventable risk to the corporation's financial and sensitive systems and information," the report concluded.

Technology Notebook is compiled by Senior Associate Editor Lori Chordas.
COPYRIGHT 2007 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Technology: Technology Notes
Author:Chordas, Lori
Publication:Best's Review
Date:Jul 1, 2007
Words:180
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