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Federal Reserve Banks: Areas for Improvement in Information Systems Controls

March 31, 2011 - In connection with fulfilling our requirement to audit the financial statements of the U.S. government, we audited and reported on the Schedules of Federal Debt Managed by the Bureau of the Public Debt (BPD) for the fiscal years ended September 30, 2010 and 2009.

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Spy Agency Investigating Nasdaq Hacker Attack

March 31, 2011 - The National Security Agency, the top U.S. electronic intelligence service, has joined a probe of the October cyber attack on Nasdaq OMX Group Inc. amid evidence the intrusion by hackers was more severe than first disclosed, according to people familiar with the investigation.

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Chip and PIN 'broken' - researchers

23 March, 2011 - Italian researchers claim to have found a serious security flaw which enables skimming devices to steal data from chip and PIN cards at point-of-sale terminals and ATMs.

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RSA hacked: SecurID two factor authentication data leaked

March 18, 2011 - RSA has warned customers of a security breach that may have compromised its SecurID two-factor authentication system, which is widely used by banks around the world to protect their internal and customer-facing online banking systems.

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GAO: IT Investment Oversight and Management Have Improved but Continued Attention Is Needed

March 17, 2011 - The federal government anticipates spending $79 billion on information technology (IT) in fiscal year 2011. The Office of Management and Budget (OMB) plays a key role in overseeing the implementation and management of federal IT investments.

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Bank software testing putting customer data at risk - Informatica

March 16, 2011 - UK banks are putting customer data at risk by using it during software development and testing without proper safeguards, according to a study commissioned by vendor Informatica.

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