Fed’s watchdog warns of security ‘deficiencies’ at central bank

The Federal Reserve's Office of Inspector General has highlighted significant security flaws that could have allowed a departing official to potentially remove classified information, urging for stricter controls. This revelation underscores the critical need for enhanced oversight within the central bank to prevent unauthorized access to sensitive data. The warning comes amid growing concerns over data security and the potential repercussions on financial stability and public trust. For more details, check out the full report on the Financial Times website.