From: FierceGovernmentIT
By Ryan McDermott
A Congressionally mandated independent review of the Stop Trading on Congressional Knowledge Act’s financial disclosure requirement for senior federal employees finds that the requirement would harm both federal agency missions and employees.
The review (.pdf), conducted by the National Academy of Public Administration, calls on Congress to indefinitely suspend the online posting requirements and unrestricted access to searchable, sortable, downloadable databases while continuing implementation of other requirements of the STOCK Act (P.L. 112-105).
An open, online, searchable and exploitable database of personal financial information about senior federal employees will provide easy access to high quality personal information on high value targets, the report says.
Cybersecurity, national security and law enforcement experts interviewed for the study noted that making this information available in this fashion transforms the ability of others to exploit that information for criminal, intelligence and other purposes, the report said.
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