Senators Maggie Hassan, D-N.H. and Joni Ernst, R-Iowa, introduced bipartisan legislation that would mandate the Department of Treasury and other Federal entities to review the use and mining of cryptocurrencies globally, and submit a detailed report on the issue to multiple congressional committees.
As part of a government-wide effort to counter ransomware, the U.S. Department of the Treasury is taking robust actions to disrupt criminal networks and virtual currency exchanges responsible for laundering ransoms, encourage best cyber practices, and increase efficient and timely incident reporting to agencies.
The Treasury Department’s Bureau of the Fiscal Service released a playbook that’s helping government agencies to automate their business through technology solutions.
The Treasury Department is seeking a tool to help trace cryptocurrency that may be linked to parties placed on the Specially Designated Nationals (SDN) list.
Thirty Democratic senators and House members are asking newly confirmed Labor Secretary Marty Walsh in a March 23 letter for the agency to focus its efforts to help states improve their unemployment insurance (UI) systems along the lines of legislation introduced in both houses of Congress earlier this year.
The Department of Treasury is using emerging technologies – namely blockchain – to reduce the reporting burden on U.S. Federal grants issued by the agency.
The Department of Justice (DoJ) announced it has indicted three North Korean military hackers as part of a series of cyberattacks intended to steal and extort more than $1.3 billion of money and cryptocurrency from financial institutions and companies.
The Cybersecurity and Infrastructure Security Agency (CISA), FBI, and the Treasury Department have issued a joint cybersecurity advisory about North Korean malicious activity known as “AppleJeus.”
The Treasury Department’s Bureau of Engraving and Printing (BEP) employees have a new fashion accessory to wear to work – a contact-tracing device that utilizes 4G cellular data with the Amazon Web Services (AWS) cloud to mitigate the spread of COVID-19.
With the COVID-19 pandemic stretching on, President Biden signed an executive order (EO) to direct an all-of-agency effort to help those most impacted by the pandemic. In accordance with that EO, the Department of Treasury is working to change the way it delivers economic impact payments, according to a Jan. 22 release.
President-elect Joe Biden’s nominees to head the departments of Defense (DoD) and Homeland Security (DHS) are lined up for Senate committee-level confirmation hearings on Jan. 19 – one day before Biden will be inaugurated as the 46th President of the United States.
A Treasury Department official told House Ways and Means Committee members in a Dec. 23 letter that the agency has found no evidence that the suspected Russia-backed breach of Federal government systems via SolarWinds Orion products exposed U.S. taxpayer data.
The $908 billion emergency COVID relief package debuted Dec. 14 by a bipartisan group of senators proposed another big round of Paycheck Protection Program (PPP) work for the Small Business Administration (SBA), along with a $10 billion lifeline for broadband connectivity and distance learning programs.
The Treasury Department is proposing a new rule that would make definitional changes to incorporate cyber coverage guidance in Terrorism Risk Insurance Program (TRIP) regulations.
The Treasury Department’s Office of Inspector General (OIG) said in a new information memorandum that IT Acquisition, and Project Management and Cyber Threats, remain from the previous year as two of five management and performance challenges for the agency.
The Bureau of the Fiscal Service within the Department of Treasury is looking to streamline the government financial processes by adopting emerging technologies with two cost-saving projects.