Subcontractor Terminated Over Treasury Department Threat Assessment Warning

The U.S. Treasury Department building is shown at dusk in Washington on June 6, 2019. The U.S. on Tuesday, Dec. 5, 2023, imposed sanctions on a Belgian involved in procuring electronics for the Russia

Over the weekend, contractor Booz Allen Hamilton announced the termination of a subcontractor responsible for an internal Treasury Department threat assessment. The assessment raised concerns about the 'unprecedented insider threat risk' posed by the Department of Government Efficiency's access to the agency's sensitive payment system.

Booz Allen clarified that the assessment was a 'draft report' and contained unsubstantiated personal opinions. Despite being labeled as a draft, the report was widely circulated within the Treasury Department.