Data Privacy & Security Data Privacy & Security

US Treasury failing to track cyber-defense efforts or set financial-sector priorities, GAO says

By Neil Roland
  • 18 Sep 2020 16:00
  • 18 Sep 2020 16:00
The US Treasury Department, which is responsible for coordinating cyber defenses in the financial sector, is failing to track efforts among banks, mutual funds and insurers — leaving the sector potentially exposed to increasing threats, a congressional watchdog said.

The department under Secretary Steven Mnuchin also hasn’t set priorities for the $108 trillion

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