The Consumer Financial Protection Bureau’s Office of the Inspector General released an audit that found the bureau’s information security program is no longer effective.

Details: The OIG’s report said the maturity level of the CFPB's information security program has decreased since last year, noting the bureau’s:

  • Authorizations to operate for many systems have not been maintained.

  • Risk acceptance memorandums lack documented analysis of cybersecurity risks.

  • Software is outdated.