Former DOT Chief Information Officer, Dan Mintz discusses the new Consensus Audit Guidelines and how they relate to FISMA.  The CAG contains recommendations on portable storage:

Data stored on removable, easily transported storage media, such as USB tokens (i.e., “thumb drives”), USB portable hard drives, and CDs/DVDs, should be encrypted.

Meanwhile, the new administration is in the midst of a review of federal cyber-security initiatives.

Data Security, Government