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Tag Archives: risk
Fiscal Exposures: 5 Sources of Risk that Drive Future Spending
In tandem with today’s release of our audit of the federal government’s fiscal year 2014 consolidated financial statements, we want to highlight our work on fiscal exposures. This is a term that describes services or expenditures that Americans may expect, … Continue reading
Watching Out for Federal Cybersecurity
The federal government relies on computer networks and systems to provide essential services affecting the health, economy, and defense of the nation. Incidents of hacking or cyber attacks place sensitive information at risk, with potentially serious effects on federal and … Continue reading
Posted in High Risk List, Information Security
Tagged access controls, cyber incident, cybersecurity, Department of Defense, Department of Energy, Department of Justice, DHS, high risk, inappropriate access, information security, internal control, IT, Justice, personally identifiable information, PII, risk
1 Comment
The Future of the Navy’s Littoral Combat Ship
Since 2004, the Navy has been working on acquiring a new class of ship intended to provide surface combat capabilities near the shore (the littoral zone). The Littoral Combat Ship (LCS) was intended to have lower acquisition costs and to … Continue reading
Posted in Graphic, National Defense
Tagged acquisition, class, defense, Department of Defense, Freedom, independence, LCS, Littoral Combat Ship, Navy, risk, seaframe, ships, shipyard, U.S. Navy, USS Freedom, weapon system
1 Comment
The Risks of Virtual Currencies
In February 2014, the Mt. Gox virtual currency exchange filed for bankruptcy, stating that a security breach resulted in the loss of bitcoins worth more than $460 million at the time. This incident is one of many real-world illustrations of … Continue reading
Posted in Business Regulation and Consumer Protection, Financial Markets and Institutions, Information Security, Justice and Law Enforcement
Tagged banking, bitcoin, bitcoin wallet, consumer, currency, currency exchange, European Banking Authority, Financial Crimes Enforcement Network, financial literacy, FinCEN, FMCI, Gox, IRS, mining, Mt Gox, risk, virtual currency
1 Comment
Are Financial Planners Always Working in Your Best Interest?
People frequently use financial planners for help with such things as selecting investments and insurance products, and managing tax and estate planning. Entrusting someone with your money can be risky. What steps can you take to mitigate that risk? We … Continue reading
Posted in Business Regulation and Consumer Protection, Financial Markets and Institutions, Graphic, Retirement Security
Tagged CFPB, consumer protection, Dodd-Frank, financial planners, financial planning, FMCI, GAO, government accountability office, oversight, regulation, retirement savings, retirement security, risk, SEC, Securities and Exchange Commission, usgao
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