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Daily Archives: July 11, 2012

New GAO Reports – Information Technology Reform , Ryan White Care Act

  • Information Technology Reform – Progress Made but Future Cloud Computing Efforts Should be Better Planned, GAO-12-756, Jul 11, 2012: “As part of a comprehensive effort to increase the operational efficiency of federal technology assets, federal agencies are shifting how they deploy IT services. OMB issued a “Cloud First” policy in December 2010 that requires federal agencies to implement cloud-based solutions whenever a secure, reliable, and cost-effective cloud option exists; and to migrate three technology services to a cloud solution by June 2012. Cloud computing provides on-demand access to a shared pool of computing resources; can be provisioned on a scalable basis; and reportedly has the potential to deliver services faster, more efficiently, and at a lower cost than custom-developed systems.”
  • Ryan White Care Act – Improvements Needed in Oversight of Grantees, GAO-12-610, June 11, 2012

FinCEN Assesses Suspicious Activity Involving Title and Escrow Companies

News release: “Pressing forward in its efforts to address a wide range of criminal risks, particularly in the residential real estate market, the Financial Crimes Enforcement Network (FinCEN) today released its first targeted study analyzing reports indicating suspicious activities involving the Real Estate Title and Escrow Industry. The study identified thousands of instances where financial… Continue Reading

SEC Approves New Rule Requiring Consolidated Audit Trail to Monitor and Analyze Trading Activity

“The Securities and Exchange Commission today voted to require the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) to establish a market-wide consolidated audit trail that will significantly enhance regulators’ ability to monitor and analyze trading activity. The new rule adopted by the Commission requires the exchanges and FINRA to jointly submit a… Continue Reading

NIST Releases Test Framework for Upgrading Smart Electrical Meters

News release: “Next-generation “smart” electrical meters for residential and commercial buildings will have computerized operating systems just as laptops or mobile devices do. On July 10, 2012, the National Institute of Standards and Technology (NIST) published its first-ever draft guidelines* to help utility companies test their procedures for upgrading meters securely from a remote location.… Continue Reading

Pew – Teens 2012: Truth, Trends, and Myths About Teen Online Behavior

Teens 2012: Truth, Trends, and Myths About Teen Online Behavior, by Kristen Purcell, July 11, 2012. “Pew Internet’s newest data on how teens use the internet, mobile phones, social media and social networking sites, as well as teen communication preferences and online information consumption.” 46% of US adults now own Smartphones, up from 35% in… Continue Reading

Department of Defense Cloud Computing Strategy

Department of Defense, Chief Information Officer, Cloud Computing Strategy, July 2012 “The DoD Enterprise Cloud Environment is a key component to enable the Department to achieve JIE [Joint Information Environment] goals. The DoD Cloud Computing Strategy introduces an approach to move the Department from the current state of a duplicative, cumbersome, and costly set of… Continue Reading

Federal Reserve releases public section of resolution plans filed by the first group of largest banking organization

News release: “The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that bank holding companies with total consolidated assets of $50 billion or more and nonbank financial companies designated by the Financial Stability Oversight Council for supervision by the Federal Reserve submit resolution plans annually to the Federal Reserve and the Federal Deposit Insurance… Continue Reading

Prepare for Coastal Flooding with New NOAA Website

“NOAA recently released a new website to help protect communities, people, and property from the devastation of coastal flooding. The NOAA storm surge website provides important information to help communities prepare for storm surge. Coastal flooding is often the greatest threat to life and property during storms. Floods damage roads and bridges, destroy homes and… Continue Reading

Security Oversight Office's Report for Fiscal Year 2011

Information Security Oversight Office’s (ISOO) Report for Fiscal Year 2011, as required by Executive Order 13526, “Classified National Security Information”. “This report provides statistics and analysis concerning key components of the system of classification and declassification, as well as coverage of ISOO’s reviews of Departments’ and Agencies’ programs. It also contains information with respect to… Continue Reading