ARTICLE
14 June 2017

GAO Issues Report Critical Of FDIC Information Security Controls

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The U.S. Government Accountability Office ("GAO") issued a report on the FDIC's implementation of information security controls.
United States Technology

The U.S. Government Accountability Office ("GAO") issued a report on the FDIC's implementation of information security controls. The GAO found that the FDIC has neither fully (i) implemented aspects of its security program nor (ii) addressed weaknesses that were identified in 2015.

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