Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Idaho Department of Finance seeks six new examiners, stresses rising cyber fraud targeting older residents
Summary
The Department of Finance requested 6 full-time positions and $816,600 from state regulatory funds to expand IT, cybersecurity and investigative capacity; the governor recommended all but two investigator positions. Lawmakers asked the agency for workload and outcome data, and the director said staff would provide further detail to the committee.
The Idaho Department of Finance requested six new full-time positions and $816,600 from state regulatory funds on Jan. 21 during a Joint Finance-Appropriations Committee hearing, saying the hires are needed to bolster IT and cybersecurity expertise and to counter increasing fraud targeting older residents.
The request, presented by Noah Peterson, budget and policy analyst with the Legislative Services Office, would add positions across the Financial Institutions Bureau, the Consumer Finance Bureau and the Securities Bureau. "This is an ongoing request of 6 FDP and $816,600," Peterson said, listing roles such as an IT examiner, financial examiners and investigator positions with IT and forensic-accounting specialties.
Director Patty Perkins said the department has seen a "huge increase in cybercrime," including scams that prey on elderly Idahoans. "There is a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
