TSP cyber vulnerabilities not addressed, senators say

By Jory Heckman
Federal News Radio

The Senate’s top two members on homeland security want to know why more isn’t being done to stop another cyber attack on federal retirement accounts.

Sens. Ron Johnson (R-Wis.), the Homeland Security and Governmental Affairs chairman, and Tom Carper (D-Del.), the committee’s ranking member, want to know why the Federal Retirement Thrift Investment Board hasn’t done more to reduce cyber vulnerabilities with the Thrift Savings Plan.

“As the agency charged with protecting the primary retirement plan for millions of current and former Federal employees and Uniformed Service members, it is essential that the Board take the necessary actions to better secure the information systems that house personal and financial information of so many Americans. As you know, recent reports suggest that the Board may have significant weaknesses in its networks,” the Senators wrote in a letter.

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Johnson and Carper also want to know why the board didn’t send in its security data, as required by the Federal Information Security Management Act. A data breach in 2011 exposed the information of 123,000 TSP participants.

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