Tag Archives: GAO

GAO: Electricity Industry Exposed To Cyber Attacks

The electric power industry has yet to bridge the gap between mandatory and voluntary cybersecurity regulations, making existing infrastructure at risk for attacks, a government audit says. The Government Accountability Office‘s report, published July 17, said electric power systems and networks are incorporating information technology systems, exposing grids to cyber …

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FBI: Reported Cyber Crimes Cost $485M In 2011

Crimes reported to the FBI’s Internet crime center in 2011 cost $485.3 million total, Molly Walker writes on FierceGovernment IT. In 2011, the FBI received 314,246 complaints of Internet-related crime activity, up 3.4 percent from 2010. The agency indicates this is the third year in a row it has received …

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Bloomberg: Multiple-Award Contracts Soar 33% Past GAO Estimate

A Bloomberg Government study has found that U.S. government spending on multiple-award contracts (MACs) grew twice as fast as total contract spending between 2006 and 2010, with MAC spending increasing 49 percent to $121 billion over the period. “Multiple-award contracts are starting to become the center of the universe,” Jaime Garcia, …

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Are New PCI Regulations Necessary?

While organizational conflicts of interest has generated buzz over the recent Pentagton ruling, personal conflict of interest (PCI), which appears to be more restrictive, seems to be more damaging to federal employees, contracting employees and government contracting companies. According to the 2008 GAO pertaining to PCI, government officials believed new …

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GAO Launches Mobile Website

The Government Accountability Office has launched a mobile version of its website, making it easier for users to access GAO reports on their smartphones and other small-screen mobile devices. “People are increasingly using mobile devices to access the internet and GAO’s mobile website will enable more users to quickly get …

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World’s Most Influential Cybersecurity Organizations

The Government Accountability Office has released a report identifying the world’s most powerful cybersecurity organizations, ranging from information-sharing forums that are nondecision-making entities of experts to private organizations to treaty-based, decision-making bodies founded by nations. A large group of organizations is actively engaged in developing international agreements and standards related …

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GAO: DoD Needs Stronger Hold on Acquisition Oversight

The U.S. Government Accountability Office released a report yesterday on the examination of the Defense Department’s organization of acquisition programs following the passing of the Weapon Systems Acquisition Reform Act of 2009, which was created to help weapon programs establish a solid foundation from the start of development. According to …

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VA Finances Put Under Microscope During Hearing

The House Committee on Veterans’ Affairs held a hearing today to assess VA’s steps towards financial stability after the Subcommittee on Oversight and Investigations determined that the department had inadequate control over its financial management systems in 2008. Since their findings in 2008, the U.S. Government Accountability Office reported that …

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Government Needs Guidance for Cloud Computing

According to a study released by the U.S. Government Accountability Office, the federal adoption of cloud computing services remains at a standstill due to the concerns over the risks involved. The document, which was presented last week by Director of Information Security Issues Gregory Wilshusen at the House Oversight and …

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GAO Names Co-Op Advisory Board Members

The Government Accountability Office named 15 members to the advisory board to the Consumer Operated and Oriented Plan (CO-OP) Program. The board was formed under the Patient Protection and Affordable Care Act and will support the Department of Health and Human Services with decision-making on grants and loans to form …

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GAO Study Calls for Continued Attention to Secure Cyber Systems

In order to secure federal IT systems, continued attention is needed, according to a report by the Government Accountability Office (GAO).  The report identified severe deficiencies in security controls at a number of federal agencies, which have left persistent vulnerabilities. “These weaknesses in the security of both financial and non-financial …

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GAO Points Out How OMB Could Improve Efficiency

In an effort to increase efficiency, the GAO looked at Program Assessment Rating Tool (PART), an initiative started under the Bush administration requiring all government programs to adopt at least efficiency measure. The GAO reports that “36 efficiency measures in 21 selected programs in 5 agencies and a generalizable sample …

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