"FDIC believes it was breached more than 50 times in 2015 and 2016 The Federal Deposit Insurance Corporation (FDIC) believes it was breached more than 50 times in 2015 and 2016, according to an Inspector General's report identifying flaws in the agency's response to the breaches. The report concludes that the FDIC did not investigate breaches and notify victims in a timely manner, and did not adequately document decisions or quantify breach damages. In the five investigated breaches that put personal information at risk, victims were only notified months after the fact. In four out of five cases, it took more than 6 months. In the fifth, it took nearly five months... The report notes that the FDIC lacked a incident response coordinator to take charge of such incidents... The report also said that information security managers (ISMs) appeared to be undertrained..." http://thehill.com/business-a-lobby...-breached-more-than-50-times-in-2015-and-2016