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Department of Finance seeks six new examiners, cites rising cyber fraud and elder-targeted scams
Summary
The Department of Finance asked the Joint Finance‑Appropriations Committee on Jan. 21 for six new full‑time positions and $816,600 from state regulatory funds for fiscal 2026 to strengthen IT, investigative and forensic accounting capacity.
The Department of Finance asked the Joint Finance-Appropriations Committee on Jan. 21 for six new full‑time positions and $816,600 from state regulatory funds for fiscal 2026 to strengthen IT, investigative and forensic accounting capacity.
Noah Peterson, budget and policy analyst with the Legislative Services Office, described the agency’s request and fund structure in a base review. Peterson said the enhancement package includes specialized examiners and investigators across the Financial Institutions Bureau, Consumer Finance Bureau and Securities Bureau, plus one‑time capital costs for laptops, docking stations and portable field monitors recommended by the Office of Information Technology Services.
The department’s director, Patty Perkins, told the committee staff are seeing a “huge increase in cybercrime” and that elderly Idahoans are a particular target. “There is a huge increase in cybercrime. And, we have a…
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