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Areas for Improvement in the Federal Reserve Banks’ Information System Controls

Management Report: Areas for Improvement in the Federal Reserve Banks’ Information System Controls, GAO-19-304R: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019. “Every year we audit the federal debt. (As of Sept. 30, 2018, it was a little more than $21.5 trillion). This year our audit found new weaknesses in the security of the information systems that the Treasury Department uses to keep track of and otherwise manage the debt—including one in a Federal Reserve Bank system that Treasury relies on. This new weakness, along with some unresolved earlier ones, could lead to an increased risk of unauthorized access to Federal Reserve Bank systems.”

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