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Federal cyber leaders to meet with president today to talk ransomware


7 min read

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Improper payments increased by $31 billion in fiscal 2020 as compared to 2019. New data from the Office of Management and Budget shows agencies improperly paid out $206 billion last year up from $175 billion in 2019. Of that $206 billion, OMB said agencies determined they could recapture almost $47 billion. In the end, agencies brought back about 47%, or about $22 billion to the Treasury after overpaying citizens or businesses. OMB gave agencies new guidance in March to further implement the Payment Integrity Information Act of 2019. ....

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Securing pandemic relief programs from fraud -- GCN


By Stephanie Kanowitz
May 17, 2021
New government economic recovery programs jumpstarted during the COVID-19 pandemic also rapidly increased opportunities for fraud.
One reason is that to get benefits to people quickly, legislators eliminated the usual methods for confirming identities with employers before cutting checks, said Brian Grech, vice president of sales at Deep Labs, an AI platform company providing solutions for fraud.
Traditionally, when someone applies for unemployment insurance (UI), the providing agency confirms the layoff with an employer.  In the rush to push out relief funds, the Coronavirus Aid, Relief, and Economic Security (CARES) Act and Paycheck Protection Program (PPP) instructed agencies to deliver stimulus payments to self-employed and contract workers who don’t have employers to confirm a layoff. ....

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