Fed IG flags incident of employee who may have left Fed with confidential information

By Michael S. Derby

Sept 28 (Reuters) – The Federal Reserve’s ​in-house watchdog ‌issued an alert Monday flagging an employee who may have ‌left ​the ⁠central bank with ⁠confidential information.

“This alert focuses on a departing Board employee ​who potentially removed Federal Open ⁠Market Committee ⁠classified and ​other sensitive information” after ​having had “a prior information ‌security incident” with FOMC information, the Fed’s ⁠Inspector General said. “This potential incident highlights information security ⁠risks ‌and control ⁠breakdowns and deficiencies ​that ‌we believe require ​the ⁠Board’s immediate attention,” the watchdog said.

(Reporting by Michael S. DerbyEditing by Nick ​Zieminski)