CFPB Must Boost Database Security, IG Says

Law360, New York (July 28, 2015, 1:09 PM EDT) -- The Inspector General of the U.S. Federal Reserve last week announced results of an audit into the security of the Consumer Financial Protection Bureau's consumer complaint database, and recommended several additional safeguards.

The CFPB, which does not have its own dedicated inspector general's office, has taken steps toward securing its complaint database in line with federal law, but should address several security deficiencies related to password security, user access requirements and timely patches, the IG's office said Thursday.

"Overall, we found that the CFPB has taken steps to secure the DT Complaint Database in accordance with FISMA and the agency's information...

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