For the ninth consecutive year, the Department of Homeland Security (DHS) has earned the prestigious Certificate of Excellence in Accountability (CEAR) Award for financial reporting.
Financial Services Sector
The Department of Homeland Security’s (DHS’s) Office of the Chief Financial Officer (OCFO) supports the Department’s missions by securing and protecting resources for DHS. To better accomplish our mission, OCFO is pushing the envelope in developing new, innovative ways to process, aggregate, analyze, share, and collect data to make better informed decisions.
WASHINGTON, D.C. — The Department of Homeland Security (DHS) Management Directorate announced that the United States Coast Guard (USCG) has recently transitioned to an updated integrated financial, procurement, and asset management system, called the Financial System Modernization Solution (FSMS). The new system includes automated and integrated controls, a common appropriations structure and accounting line, standard business practices, up-to-date security, and functionality that will assist the USCG in overseeing their annual budget of more than $12 billion more efficiently and effectively.
The Department of Homeland Security (DHS) announced one of its component’s transition to an integrated financial, acquisition, and asset management system following a department-wide financial modernization effort.
Online shopping and easy access to credit cards can make living above your means an easy prospect. According to the Federal Reserve Bank of New York, American households carried credit card balances totaling $815 billion dollars in 2018.
CREATE’s mission is to improve the Nation’s security through the development of advanced models and tools for the evaluation of the risks, costs, and consequences of terrorism and to guide economically viable investments in homeland security.
DHS S&T announced that Israel-based Morphisec has been awarded $200,000 to develop technology solutions to prevent cyberattacks on financial institutions.
DHS S&T has awarded Intafel Corp. of Cambridge, Massachusetts $167,870 to develop a virtual machine capability to protect the operations of financial services.
S&T is Partnering with Financial Service Organizations to Secure the Finance Sector from Cyber Threats
DHS S&T's Cyber Apex program addresses cybersecurity challenges by providing the financial services sector with technologies and tools to confront advanced adversaries by leveraging existing federally funded and private sector research efforts.
Written testimony of MGMT for a House Homeland Security Subcommittee on Oversight and Management Efficiency hearing titled “DHS Financial Systems: Will Modernization Ever Be Achieved?”
U.S. Department of Homeland Security (DHS) Directorate for Management (MGMT) Deputy Under Secretary Chip Fulghum addresses financial systems modernization at DHS.