News & Analysis as of

Office of the Inspector General Cybersecurity Financial Institutions

Orrick, Herrington & Sutcliffe LLP

OIG makes seven recommendations for CFPB following major incident

On May 5, the OIG for the Fed authored a report with several recommendations for the CFPB following a major security incident regarding confidential supervisory information (CSI). The OIG issued four findings with seven...more

King & Spalding

Federal Reserve Board’s OIG Issues Reports Highlighting The Importance of Cybersecurity

King & Spalding on

In two reports issued on September 29, 2016, the Federal Reserve’s Office of Inspector General (“OIG”) discussed major management challenges facing the Federal Reserve Board (the “Board”) and the Consumer Financial Protection...more

Ballard Spahr LLP

CFPB Information Security Remains a Challenge

Ballard Spahr LLP on

The Office of the Inspector General (OIG) has released the “2015 list of major management challenges” faced by the CFPB that the OIG believes will hamper the CFPB’s ability to accomplish the CFPB’s strategic objectives. Like...more

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