In a report sent to CFPB Director Richard Cordray, the agency’s inspector general reiterated concerns about a host of issues, focusing particularly on information security. It cited weaknesses in the CFPB’s continuous monitoring system, reiterating concerns that the agency remains vulnerable regarding information security.

The CFPB “has not fully implemented processes within its internal network that would enable the agency to detect and better protect against unauthorized access to and disclosure of its sensitive information and help lower the risk of insider threats,” the report said.

Source: CFPB Must Address Management Challenges, Watchdog Agency Says | American Banker