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Treasurer's planned detailed fund posting drew cybersecurity warnings; office contracted consultants and crisis communications
Summary
Committee reviewed a treasurer's office plan to publish a detailed fund report and a Department of Administration cybersecurity memo that recommended against publication; the treasurer's office also retained outside consultants, including a GASB expert and a communications firm.
During the same subcommittee hearing, members pressed the Office of the State Treasurer about a letter the treasurer had sent saying the office would post a detailed fund report online and about subsequent advice from the Department of Administration cautioning against that publication for cybersecurity reasons.
The issue matters because the proposed detailed fund report listed general ledger account numbers, fund names and other granular information that Department of Administration cyber experts warned could increase the state's exposure to fraud or social‑engineering attacks, the department wrote in a contemporaneous memo the treasurer's chief of staff read into the record.
Clarissa Adams, chief of staff for the treasurer, read a letter the treasurer had sent the committee and described follow‑up communications with the Department of Administration. The Department of…
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