Policy
Women Report from the Frontlines of Federal Cryptocurrency Governance
Over the course of 2021, Congress and the administration have recognized significant benefits from diving into the technology, a trend that looks poised to continue.
Cybersecurity
Senators Ready to Write Clarifying Legislation to Maintain U.S. Leadership in Crypto
Stakeholders fear an overly broad application of the tax provisions beyond virtual currency exchanges.
Cybersecurity
Government Watchdog Welcomes Treasury’s Data Collection on Cyber Insurance Claims
A Government Accountability Office report on the Treasury Department’s role in shaping the market for cybersecurity insurance is expected next spring.
Cybersecurity
U.S. Government Acts Against Alleged REvil Hackers
The Justice Department announced two indictments while the State Department offered $10 million for information on other conspirators.
Cybersecurity
Treasury Analysis Identifies Cryptocurrency Exchanges Associated With Ransomware
The department is tracking a huge increase in ransomware disclosures but data suggests the events are still grossly underreported.
Emerging Tech
Senate Bill Would Direct Treasury to Assess Crypto Mining Rates and Uses Over Time
The bipartisan legislation would require a Congressional report that dives deep into virtual currency use.
Cybersecurity
Treasury Sanctions First Cryptocurrency Exchange to Combat Ransomware
The department also emphasized guidance for victim organizations who risk running afoul of enforcers by paying attackers and failing to report incidents.
Emerging Tech
Treasury Secretary: Agencies Must Develop Stablecoin Regulations
New cryptocurrency could mean new rules.
Cybersecurity
Agencies Unveil Plans to Fight Ransomware—Including Paying for Tips
The State Department’s Rewards for Justice program is offering a reward of up to $10 million for information about attackers targeting U.S. critical infrastructure.
Cybersecurity
IRS' Use of Special Hiring Authorities Could Be Leading to Skills Gaps, IG Says
The agency has been using emergency authorities to meet staffing goals, but may be compromising on the quality of new hires as a result, according to an inspector general report.
Digital Government
IRS Needs Cybersecurity Tools to Secure Its COBOL Apps
The tax collection agency runs some of the oldest IT systems in government and needs cybersecurity tools to match.
Digital Government
Here Are the Pioneering Women who Will Be on New Quarters
Beginning in 2022, women’s faces will appear on quarters for the first time, and the public will help choose who will be minted.
Emerging Tech
Treasury Office Seeks Tools to Trace Cryptocurrency Linked to Sanctions List
The department’s Office of Global Targeting is looking for multiple tools to track the flow of virtual currencies and user behaviors.
Digital Government
New Treasury Office Will Oversee Covid Relief and Recovery Programs
Billions in state and local government aid is part of the office's portfolio.
Cybersecurity
The Hack Roundup: White House Sanctions Russia over SolarWinds
Agencies involved in response also issued advisories on the hackers' tactics while Microsoft offered federal customers free trials of an auditing tool.
Modernization
Treasury’s $1B Cloud Contract Aimed at Single Cloud Broker
Contracting officials released a new clarification document as the department continues preliminary work on a broad cloud management contract.
Modernization
IRS Offers First Look at $2.6B Contract Touching All Its IT Systems
The new Enterprise Development, Operations Services contract will include developing new systems and improving the efficiency of existing applications.
Emerging Tech
Treasury Bureau to Outfit Onsite Employees with Contact-Tracing Wearables
The goal is to proactively prevent COVID-19 outbreaks within its facilities.
Cybersecurity