The Department of Treasury announced that, in collaboration with domestic Federal law enforcement partners, its Office of Foreign Assets Control (OFAC) levied sanctions against Hydra, the world’s largest darknet market, and Garantex, a virtual currency exchange. […]

The Department of Treasury and the Office of Management and Budget (OMB) have made progress in validating data received from Federal agencies, but both of the agencies need to improve how that data is reported online, according to the Government Accountability Office. […]

Senators Maggie Hassan, D-N.H. and Joni Ernst, R-Iowa, introduced bipartisan legislation that would mandate the Department of Treasury and other Federal entities to review the use and mining of cryptocurrencies globally, and submit a detailed report on the issue to multiple congressional committees. […]

As part of a government-wide effort to counter ransomware, the U.S. Department of the Treasury is taking robust actions to disrupt criminal networks and virtual currency exchanges responsible for laundering ransoms, encourage best cyber practices, and increase efficient and timely incident reporting to agencies. […]

Eric Olson has stepped down as chief information officer (CIO) at the Department of the Treasury, a Treasury spokesperson confirmed to MeriTalk. […]

The Treasury Department’s Bureau of the Fiscal Service released a playbook that’s helping government agencies to automate their business through technology solutions. […]

The Treasury Department is seeking a tool to help trace cryptocurrency that may be linked to parties placed on the Specially Designated Nationals (SDN) list. […]

The Biden Administration announced that Matthew Wiegmann will serve as senior advisor for technology and delivery at the Treasury Department.   […]

Thirty Democratic senators and House members are asking newly confirmed Labor Secretary Marty Walsh in a March 23 letter for the agency to focus its efforts to help states improve their unemployment insurance (UI) systems along the lines of legislation introduced in both houses of Congress earlier this year.   […]

The Department of Treasury is using emerging technologies – namely blockchain – to reduce the reporting burden on U.S. Federal grants issued by the agency. […]

The Department of Justice (DoJ) announced it has indicted three North Korean military hackers as part of a series of cyberattacks intended to steal and extort more than $1.3 billion of money and cryptocurrency from financial institutions and companies. […]

The Cybersecurity and Infrastructure Security Agency (CISA), FBI, and the Treasury Department have issued a joint cybersecurity advisory about North Korean malicious activity known as “AppleJeus.” […]

The Treasury Department’s Bureau of Engraving and Printing (BEP) employees have a new fashion accessory to wear to work – a contact-tracing device that utilizes 4G cellular data with the Amazon Web Services (AWS) cloud to mitigate the spread of COVID-19. […]

Building resiliency in the face of the COVID-19 pandemic was an essential aspect of keeping the Federal workforce humming and managing a hybrid workforce of the future. […]

With the COVID-19 pandemic stretching on, President Biden signed an executive order (EO) to direct an all-of-agency effort to help those most impacted by the pandemic. In accordance with that EO, the Department of Treasury is working to change the way it delivers economic impact payments, according to a Jan. 22 release. […]

President-elect Joe Biden’s nominees to head the departments of Defense (DoD) and Homeland Security (DHS) are lined up for Senate committee-level confirmation hearings on Jan. 19 – one day before Biden will be inaugurated as the 46th President of the United States. […]

A new audit report released by the Treasury Department’s Office of Inspector General (OIG) has found deficiencies in the agency’s IT controls related to cash management and federal debt information systems. […]

A Treasury Department official told House Ways and Means Committee members in a Dec. 23 letter that the agency has found no evidence that the suspected Russia-backed breach of Federal government systems via SolarWinds Orion products exposed U.S. taxpayer data. […]

The $908 billion emergency COVID relief package debuted Dec. 14 by a bipartisan group of senators proposed another big round of Paycheck Protection Program (PPP) work for the Small Business Administration (SBA), along with a $10 billion lifeline for broadband connectivity and distance learning programs. […]

The Treasury Department is proposing a new rule that would make definitional changes to incorporate cyber coverage guidance in Terrorism Risk Insurance Program (TRIP) regulations. […]

The Treasury Department’s Office of Inspector General (OIG) said in a new information memorandum that IT Acquisition, and Project Management and Cyber Threats, remain from the previous year as two of five management and performance challenges for the agency. […]

The Bureau of the Fiscal Service within the Department of Treasury is looking to streamline the government financial processes by adopting emerging technologies with two cost-saving projects. […]

The Government Accountability Office (GAO) is recommending that the Treasury Department take steps – in coordination with the Department of Homeland Security and others – to better track and prioritize cyber risk mitigation efforts across the financial services sector. […]

The Treasury Inspector General for Tax Administration (TIGTA) told the Internal Revenue Service (IRS) that it needs to do a better job to verify wireless device identity, although it said that based on audit results IRS was employing effective strategies and protocols to authenticate network user identities. […]

The Internal Revenue Service (IRS) is working toward meeting the Office of Management and Budget’s Frictionless Acquisition Cross-Agency Priority (CAP) goal with innovative data management through its Pilot IRS program. […]

The Treasury Department’s Bureau of the Fiscal Service is seeking a third-party provider for data center colocation services, per a July 23 request for information (RFI). […]

The General Services Administration (GSA) and the Treasury Department have been formally designated as civilian human resources transaction services and financial management services Quality Service Management Offices (QSMOs), respectively, per a June 29 Office of Management and Budget (OMB) press release. […]

The Small Business Administration (SBA) said on May 3 that the agency’s Paycheck Protection Program (PPP)  processed loan applications totaling more than a half a trillion dollars since the coronavirus pandemic was declared in March. […]

Here’s an overview of some of the latest COVID-19 coronavirus developments on the government and tech fronts: […]

The Government Accountability Office issued two reports on March 31 calling for improved information controls at the Treasury Department’s Bureau of the Fiscal Service, and said the Bureau has not completed corrective actions on many of the problems that GAO found in its prior-year audit. […]