GAO Financial Institution Security Report

A Government Accountability Office report published recently found that financial market organizations still need better information security, particularly restrictions on access to their networks and systems. The report, which studied the practices of seven unnamed financial market organizations, found that all of the organizations had implemented five key elements of a sound information security program. In addition to general access restrictions, the GAO identified specific areas where security could be improved. The report is available here, and an abstract is available here.

Posted by Brian Wong

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