- Of all the institutions that could be hit by a data breach, a bank is undoubtedly one of the worst. Not only are they finance hubs for millions of account-holders, but they also contain sensitive data like loan applications, Social Security numbers and taxpayer information.
- Bank of America accidentally exposed personal and financial data for potentially thousands of PPP loan applicants.
- The data was apparently exposed on April 22 during a test run on the U.S. Small Business Administration’s web platform, which was supposed to give companies a chance to make sure everything was working before the second run of applications was processed.
– James Gelinas | May 30, 2020