Committee slams FDIC CIO for 'misleading' testimony

Federal Times: The House Committee on Science, Space and Technology is giving the FDIC chairman and CIO a chance to revise the latter’s testimony from a May 12 hearing investigating the corporation’s response to several major data breaches and failure to report the incidents to Congress.

During that hearing, FDIC CIO Larry Gross told lawmakers the seven breaches — all of which involved outgoing employees leaving the agency with tens of thousands of sensitive records, affecting a combined 160,000 individuals — were inadvertent, not malicious and, in his assessment, didn’t rise to the level of “major” breach.

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