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Brought to you by the Council of the Inspectors General on Integrity and Efficiency
Federal Reports
Report Date
Agency Reviewed / Investigated
Report Title
Type
Location
Troubled Asset Relief Program
SIGTARP Identifies Top Challenges and Threats in TARP
Special Inspector General for the Troubled Asset Relief Program
Report Description
SIGTARP identifies the most serious management and performance challenges and threats facing the Government in TARP. Our selection is based on the significance and duration of the challenge/threat to the mission of TARP and Government interests; the risk of fraud or other crimes, waste or abuse; the impact on agencies in addition to Treasury; and Treasury’s progress in mitigating the challenge/threat.
We determined that component personnel are not always safeguarding or tracking sensitive assets that, if lost, would result in critical mission impact or loss of life. Additionally, component’s practices surrounding badges may result in unnecessary risk. We recommended that DHS enhance policy, improve oversight, and require justifications for any non-law enforcement badges. We made six recommendations to improve the tracking and safeguarding of sensitive assets. DHS concurred with all six of our recommendations
The narrative and accompanying responses submitted to the Office of Management and Budget (OMB) through the CyberScope portal provide our independent assessment of the quality of NARA’s information security practices.