The Consumer Financial Protection Bureau (CFPB) disclosed that a former employee of theirs forwarded the confidential records of 256,000 consumers to their personal email account.
about the breach on March 21, but it was first reported by the Wall Street Journal on Wednesday. The CFPB called it a "major incident" and says that the staffer no longer works for them.at one unknown institution, but also had information on consumers from seven other firms. Confidential supervisory information of 45 institutions were also compromised.
Signage is seen at the Consumer Financial Protection Bureau headquarters in Washington, D.C., U.S., May 14, 2021. REUTERS/Andrew Kelly The CFPB was first tipped off about the email transfers on February 14. During their investigation, they found 65 emails with confidential supervisory information and 14 emails with personally identifiable information about consumers.
"Why should the CFPB be trusted to collect more data, burdening financial institutions and potentially limiting services for consumers, when they themselves have demonstrated an irresponsible handling of consumers’ financial information?" South Carolina Senator Tim Scott said.CHARLESTON, SOUTH CAROLINA - FEBRUARY 16: Sen. Tim Scott delivers remarks at the Charleston County Republican Party’s Black History Month Banquet February 16, 2023, in Charleston, South Carolina.
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Ex-CFPB worker sent data on 250,000 people to personal email account: ‘Major incident’A Consumer Financial Protection Bureau employee was fired after sending confidential consumer data on roughly 256,000 people to their personal email account in what the agency described as a “major…
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WSJ News Exclusive | CFPB Says Staffer Sent 250,000 Consumers’ Data to Personal AccountA Consumer Financial Protection Bureau employee forwarded to a personal email account confidential information on thousands of consumers and dozens of financial firms
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