The Treasury Department has elevated Jeffrey King to serve as its acting chief information officer (CIO), according to the department’s website and the CIO Council webpage. […]
Two executive orders (EO) issued by President Donald Trump on Tuesday are directing the Treasury Department to modernize and centralize its payment system in an attempt to root out Federal fraud and waste. […]
The Government Accountability Office (GAO) is flagging flaws in the Treasury Department’s Bureau of the Fiscal Service’s management of system security plans (SSPs) for the Federal government’s central banking account, which it said has limited insight into the accuracy of financial information. […]
A Federal judge on Friday rejected a request to block the White House’s Department of Government Efficiency (DOGE) from accessing the Treasury Department’s payment systems. […]
A Federal judge on Friday issued an order that extends the court’s prohibition on the White House’s Department of Government Efficiency (DOGE) from accessing U.S. Treasury Department payment systems. […]
An audit has been launched by the Treasury Department’s Office of Inspector General after the Department of Government Efficiency (DOGE) accessed sensitive data stored by the Bureau of Fiscal Service. […]
A Federal judge in New York on Saturday temporarily blocked access to U.S. Treasury Department payment systems by billionaire Elon Musk’s Department of Government Efficiency’s (DOGE). […]
House Democrats on Thursday intensified their opposition to recent forays into Federal agency tech systems by the Department of Government Efficiency (DOGE) by introducing a new bill aimed at preventing DOGE and its leader Elon Musk from accessing confidential Treasury Department systems and data. […]
Lawyers for the Justice Department have agreed to temporarily restrict the Department of Government Efficiency’s (DOGE) access to the Treasury Department’s payment systems. […]
Democratic lawmakers and a coalition of labor organizations are taking action through legislation and a Federal lawsuit to protect Americans’ data after the Treasury Department allegedly shared confidential system access and data with the Department of Government Efficiency (DOGE) led by billionaire Elon Musk and authorized by President Donald Trump. […]
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Jan. 3 that it has imposed sanctions on a Beijing-based cybersecurity company known as Integrity Technology Group, Inc. (Integrity Tech) for its role in a spate of malicious cyber activities. […]
The Cybersecurity and Infrastructure Security Agency (CISA) issued an update today regarding last week’s cybersecurity incident at the Treasury Department, stating that no other Federal agencies appear to have been impacted. […]
A bicameral pair of lawmakers is demanding answers from the Treasury Department following a China state-sponsored breach of some of the department’s sensitive systems. […]
The Treasury Department on Monday evening issued its final rule to block U.S. private sector investments in China that involve hot-button technologies including AI, quantum, and semiconductors. […]
The Department of Treasury sanctioned two members of a Russian nationalist hacktivist group on July 19 over an incident in January that led to the overflow of water storage tanks in Texas. […]
The Treasury Department issued a draft rule on Friday that would block U.S. private-sector investments in China that involve hot-button technologies including AI, quantum, and semiconductors. […]
With the rapid growth of AI technologies, the Central Intelligence Agency (CIA) and the Department of Treasury are facing challenges in finding talent with AI expertise, according to agency officials. […]
Treasury Secretary Janet Yellen said today that artificial intelligence technologies pose “significant risks” to financial markets that include biased decision-making yet also offer “tremendous opportunities” to lower costs and improve access to financial products. […]
A new report from the Treasury Department on how the financial services sector is approaching managing AI-driven cybersecurity risks reveals challenges familiar to many sectors – think workforce, data quality, and funding. But one that stands out from the rest gets down to the very basic level of understanding those risks: reaching broad agreement on what artificial intelligence means, and adopting common terms that will allow for greater understanding of the technology. […]
The Treasury Department’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions against members of the Intellexa Consortium for distributing “Predator” branded commercial spyware technology to target American citizens. […]
The Department of Treasury announced on Feb. 28 the recovery of over $375 million worth of fraudulently transmitted money through a new AI-enhanced fraud detection process. […]
The Treasury Department’s announcement today of a new round of economic sanctions on Russian businesses and individuals includes notable numbers of new sanctions falling on companies operating in the Russian tech sector. […]
Nancy Sieger, chief technology officer (CTO) at the Department of Treasury, will be stepping down from that post later this year after 35 years of government service, she said in a LinkedIn post. […]
The U.S. Treasury Department has tapped Todd Conklin to be the agency’s new chief artificial intelligence officer and deputy assistant secretary cyber, according to his LinkedIn account. […]
The Department of Treasury plans to launch a blanket purchase agreement (BPA) contract to source and streamline cybersecurity services across the agency. […]
The Treasury Department is embracing technology diversity as one of the mechanisms in its cybersecurity fights against bad actors looking to attack the department’s supply chains. […]
The Treasury Inspector General for Tax Administration (TIGTA) is calling on the IRS to create “timely remediations” for all of the agency’s Known Exploited Vulnerabilities (KEV) in its latest audit report. […]
Cloud services can help financial institutions become more resilient and secure, but a recent report from the Treasury Department found that there are some challenges that can take away from these benefits. […]
The Department of Treasury has awarded Science Applications International Corp. (SAIC) a $1.3 billion cloud modernization contract to “support a complete range of cloud and professional IT services,” the company announced last week. […]
The Department of the Treasury’s Bureau of the Fiscal Service (BFS) is looking for new technological capabilities for automated testing for the department’s software applications that have routinely been done manually. […]