Information security FDIC needs to improve controls over financial systems and information

electronic resource - 2017

FDIC has a demanding responsibility enforcing banking laws, regulating financial institutions, and protecting depositors. Because of FDIC's reliance on information systems, effective information security controls are essential to ensure that the corporation's systems and information are adequately protected from inadvertent or deliberate misuse, improper modification, unauthorized disclosure, or destruction. As part of its audit of the 2016 and 2015 financial statements of the Deposit Insurance Fund and the Federal Savings and Loan Insurance Corporation Resolution Fund, which are administered by FDIC, GAO assessed the effectiveness of the corporation's controls in protecting the confidentiality, integrity, and availability of its financial systems and information. GAO is recommending that FDIC take one action to more fully implement its information security program. In a separate report with limited distribution, GAO made six recommendations to FDIC to address newly identified weaknesses in access and configuration management controls.

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Bibliographic Details
Corporate Author: Federal Deposit Insurance Corporation (sponsoring body.)
Format: Government Document Electronic eBook
Language:English
Published: [Washington, D.C.] : United States Government Accountability Office, 2017.
Subjects:
Online Access:http://purl.fdlp.gov/GPO/gpo81344
Address at time of PURL creation
Resource homepage

MARC

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520 |a FDIC has a demanding responsibility enforcing banking laws, regulating financial institutions, and protecting depositors. Because of FDIC's reliance on information systems, effective information security controls are essential to ensure that the corporation's systems and information are adequately protected from inadvertent or deliberate misuse, improper modification, unauthorized disclosure, or destruction. As part of its audit of the 2016 and 2015 financial statements of the Deposit Insurance Fund and the Federal Savings and Loan Insurance Corporation Resolution Fund, which are administered by FDIC, GAO assessed the effectiveness of the corporation's controls in protecting the confidentiality, integrity, and availability of its financial systems and information. GAO is recommending that FDIC take one action to more fully implement its information security program. In a separate report with limited distribution, GAO made six recommendations to FDIC to address newly identified weaknesses in access and configuration management controls. 
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650 0 |a Computer security  |x Security measures  |z United States  |x Evaluation. 
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