Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • SEBI formalises same-day borrowing for mutual funds; AMC to bear cost
    • Key Takeaways from SEBI’s Consultation Paper on Nomination for Shares and Mutual Funds
    • SBI Mutual Fund files for IPO with SEBI; up to 20.37 crore shares on offer – IPO News
    • Equities, Bonds, Commodities, Currencies et al: How They Fare Three Weeks into the US-Iran War
    • Best Performing DSP Equity Mutual Funds – Money Insights News
    • WARNING: Only One Covered Call ETFs Is Worth Owning in 2026
    • What Is Compounding, And Why Is It Important In Mutual Fund Investing?
    • Investing in Alternative Assets: A Comprehensive Guide
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»CISA blasted by US watchdog for wasting funds and retaining the wrong employees
    Funds

    CISA blasted by US watchdog for wasting funds and retaining the wrong employees

    September 15, 2025



    • CISA mismanaged over $138 million in cybersecurity retention funds, awarding incentives to unqualified or unrelated personnel
    • The agency lacked proper oversight, documentation, and compliance, undermining its ability to retain critical cybersecurity talent
    • DHS OIG recommended eight corrective actions; seven have been implemented, with one unresolved concerning recovery of improper payments

    The US Cybersecurity and Infrastructure Agency (CISA) mismanaged funds and failed to properly oversee and document various funding incentives, risking its ability to retain top cybersecurity talent.

    This is the conclusion of “CISA Mismanaged Cybersecurity Retention Incentive Program and Wasted Funds, Risking Critical Talent Retention”, a new report published by the DHS Office of Inspector General (OIG).

    CISA is a US government agency responsible for protecting critical infrastructure and leading federal cybersecurity efforts, and apparently – it’s been doing a poor job lately.


    You may like

    Lacking oversight

    In the report, OIG slammed the agency for mismanagement and noncompliance, claiming the agency failed to properly design, implement, and manage its Cybersecurity Retention Incentive program.

    As a result, its use of more than $138 million in federal funds, which it received between 2020 and 2024, was inefficient, by large. Among other things, OIG said the agency paid incentives to employees who did not meet mission-critical, or high-qualification criteria.

    In fact, some recipients held administrative roles unrelated to cybersecurity, and 348 individuals received $1.41 million in unallowed back payments.

    OIG also said CISA lacked oversight and documentation, claiming its Office of the Chief Human Capital Officer did not maintain accurate records of recipients or payments, and broadened eligibility requirements without proper procedures. DHS’s oversight was also insufficient, it was added.

    Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!

    All these things meant CISA was risking cybersecurity talent retention. OIG argued that the diluted incentive program undermined morale among qualified cybersecurity professionals and jeopardized CISA’s ability to retain critical talent.

    “If CISA continues to offer the Cyber Incentive to a broad swath of its workforce, circumventing the intent of the program, it risks attrition and increased vulnerability to cyber threats as well as spending money unnecessarily,” the OIG warned.

    Finally, the agency recommended eight steps to improve program integrity and, per the document, CISA agreed with all eight of them. Seven already seem to be implemented, while the eighth one is currently unresolved, and it revolves around recovering improper payments made to ineligible employees.

    Via Cybernews

    You might also like



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Bond Funds That Have Offered Some Inflation Protection

    March 18, 2026

    Bank of Cyprus attracts strong interest from major global investment funds

    March 18, 2026

    ULIPs or Mutual Funds: The Smarter Tax-Saving Choice – Money Insights News

    March 16, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    The Big Winners in the Active ETF Race, So Far

    November 3, 2025
    Don't Miss
    Mutual Funds

    SEBI formalises same-day borrowing for mutual funds; AMC to bear cost

    March 21, 2026

    Mutual funds, primarily liquid and overnight schemes, routinely face a timing mismatch between when they…

    Key Takeaways from SEBI’s Consultation Paper on Nomination for Shares and Mutual Funds

    March 21, 2026

    SBI Mutual Fund files for IPO with SEBI; up to 20.37 crore shares on offer – IPO News

    March 21, 2026

    Equities, Bonds, Commodities, Currencies et al: How They Fare Three Weeks into the US-Iran War

    March 21, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Understanding retail direct gilt account and how it compares with FDs and debt funds

    January 12, 2026

    Best Crypto ETFs To Watch As Institutions Enter The Market

    August 21, 2025

    Trump Orders Troop Pay Amid Shutdown, Says Funds Have Been Identified

    October 11, 2025
    Our Picks

    SEBI formalises same-day borrowing for mutual funds; AMC to bear cost

    March 21, 2026

    Key Takeaways from SEBI’s Consultation Paper on Nomination for Shares and Mutual Funds

    March 21, 2026

    SBI Mutual Fund files for IPO with SEBI; up to 20.37 crore shares on offer – IPO News

    March 21, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.