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CFPB data breach sends shock waves through the financial industry
American Banker ^ | 04/20/2023 | Kate Berry, Claire Williams

Posted on 04/20/2023 4:28:20 PM PDT by aimhigh

A data breach by an employee at the Consumer Financial Protection Bureau is sending shock waves through the financial services industry, raising far more questions than answers about how an employee was able to obtain information on more than 250,000 consumers and dozens of companies.

The agency, whose mission is to go after bad behavior at financial institutions, said the employee is "no longer employed by the CFPB." Lawmakers were told of the data breach on March 21, according to the Wall Street Journal.

The CFPB said it had identified "a confidential-information and privacy incident" in which a now-former CFPB employee was found to have sent confidential CFPB records on 256,000 consumers at a single institution to their personal email account.

(Excerpt) Read more at americanbanker.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: cfpb; consumer; leaking; leaks; privacy

1 posted on 04/20/2023 4:28:20 PM PDT by aimhigh
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To: aimhigh

FedZilla — the best and brightest.


2 posted on 04/20/2023 4:30:13 PM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone else)
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To: aimhigh

Isn’t the CFPB Sen Fauxahaunta’s baby?

More unelected bureaucrats here to protect your safety


3 posted on 04/20/2023 4:33:40 PM PDT by thinden (buckle up ....)
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To: aimhigh

Firing ain’t enough. Criminal charges post haste.


4 posted on 04/20/2023 4:34:14 PM PDT by Lurkina.n.Learnin (The road to tyranny is paved with compliance )
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To: aimhigh

That poor guy in Nigeria finally got his money for his family. By draining the accounts of millions of people.


5 posted on 04/20/2023 4:34:25 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: aimhigh

I wonder if this was a “trans” person?


6 posted on 04/20/2023 4:35:00 PM PDT by Parley Baer (WI)
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To: aimhigh

Banks revealed he swiped all the pens and their chains along with leftover calendars and refrigerator magnets. Plus millions of dollars from accounts.


7 posted on 04/20/2023 4:36:30 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: aimhigh

Anyone who has ever worked for the govt knows that there are a few competent people in a sea of stupid, incompetent porn surfers. It’s surprising that anything gets done.

This is just the data breach they know about.


8 posted on 04/20/2023 4:57:33 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: ProtectOurFreedom

Hunter Biden works everywhere.


9 posted on 04/20/2023 5:00:52 PM PDT by healy61
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To: aimhigh

The CFPB was illegally setup and should be abolished.


10 posted on 04/20/2023 5:03:09 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Seruzawa

Anyone who has ever worked for the govt knows that there are a few competent people in a sea of stupid, incompetent porn surfers. It’s surprising that anything gets done.

This is just the data breach they know about.

It’s likely cheaper to us for them to do nothing but surf porn. Imagine if they all worked as hard as we do in the private sector. Imagine the damage they could do. And the data breach, you’re likely right. I think everything has been leaked or sold to hostile foreign powers.


11 posted on 04/20/2023 5:34:47 PM PDT by rxh4n1
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To: Seruzawa
in a sea of stupid, incompetent porn surfers.

More likely trying to figure out how to steal the SSN's of American citizens for nefarious purposes.

12 posted on 04/20/2023 6:26:02 PM PDT by Major Matt Mason (To solve the Democrat problem, the RINO problem must first be solved.)
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To: aimhigh

Rd later.


13 posted on 04/20/2023 7:30:23 PM PDT by NetAddicted (MAGA2024)
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To: aimhigh

Ironport.

Costs a few bucks, but your employees are not stealing data.


14 posted on 04/21/2023 2:10:31 AM PDT by AlbertWang
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