Research and retrieval of news articles by:
Bennett Gold LLP, Chartered Professional Accountants

SPECIAL NOTE TO ALL VISITORS:
Effective December 31 2012, articles are no longer being updated on this web site.
The site is now maintained as an historical archive, covering notable e-commerce news articles from the period 1999 to 2012.

U.S. TREASURY COMPUTER SECURITY STILL WEAK

Posted on February 7, 2002

      Despite several warnings, the Treasury Department's Financial Management Service -- which disburses nearly $2 trillion annually in tax refunds and Social Security benefits -- remains vulnerable to cyberattacks because of weak security, according to the General Accounting Office (GAO).

      A report issued this week found weaknesses remain at nearly every point of the division's system, including inadequate access controls, poorly administered and even obsolete system software, and a lack of a comprehensive security program.

      The GAO report says the Treasury has been warned of its security weaknesses since 1997.

      To read the report, go to: www.gao.gov and click on, or type in, Report No. GAO-02-317 on the GAO Reports page.

E-Commerce Alerts are issued by Bennett Gold LLP, Chartered Professional Accountants as situations develop. Bookmark this site and check back often. Our e-mail address is: info@BennettGold.ca

In accordance with United States Code, Title 17, Section 107 and Article 10 of The Berne Convention on Literary and Artistic Works, the news clippings on this web site are made available without profit for research and educational purposes.

ALERT
ARCHIVES
Final Entries
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999