A recent audit conducted by the State Comptroller’s Office found issues with online banking at the Gorham-Middlesex Central School District in Ontario and Yates Counties in the Finger Lakes region.
State Comptroller Tom DiNapoli’s report revealed that the school district failed to restrict online banking access to users authorized by the school board, potentially putting the district at risk for cyber crimes. Officials were also accused of not monitoring online transactions, further exacerbating the risk.
The school district has since acknowledged the audit’s findings and has promised to take corrective action to protect its online banking security. The district’s response comes in the wake of increasing concerns over the security of online transactions and the potential for cybercrime.
State Comptroller DiNapoli emphasized the importance of school districts ensuring the security of their online banking systems, saying that “schools have a responsibility to protect the public funds entrusted to them and to ensure that appropriate controls are in place to prevent fraud and abuse.”
The full report detailing the audit’s findings can be accessed through the State Comptroller’s Office.
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