A former U.S. Army financial counselor faces federal charges over alleged fraudulent practices. Sgt. Maj. Troy Black has been announced as the new senior enlisted advisor to the Joint Chiefs of Staff chairman. The U.S. Army is seeking new technology for real-time threat forecasting, and House lawmakers urge USPS to protect workers from extreme heat. Meanwhile, the Cybersecurity and Infrastructure Security Agency reports improved visibility into cyber risks, and an IRS panel advises the agency to consider alternatives before launching its online tax-filing platform.
Key Points:
- The Securities and Exchange Commission (SEC) has charged former Army financial counselor Caz Craffy with unauthorized trading and recommending excessive trades that did not match customers’ investment profiles. He is also accused of misappropriating funds from gold star families.
- The U.S. Army is seeking advanced technology to prepare for new forms of warfare. The technology is expected to provide real-time threat forecasting using artificial intelligence and machine learning tools and manage large amounts of data from various sources.
- Lawmakers led by House Oversight and Accountability Committee Ranking Member Jamie Raskin (D-Md.) call for USPS to make changes to protect their workforce from extreme heat. This follows the death of a letter carrier in Texas during a recent heat wave.
- The Cybersecurity and Infrastructure Security Agency (CISA) now has improved visibility into cyber risks on federal agency networks, with 55% of civilian agencies automatically reporting data into CISA’s Continuous Diagnostics and Mitigation system. More agencies are expected to adopt CISA’s shared services by the end of fiscal 2023.
- An advisory group of tax experts has urged the IRS to promote its existing free tax filing program before setting up its own in-house Direct File system. The panel suggests that running a proprietary platform could cost the IRS tens to hundreds of millions annually.
