- Data breaches
- 1 min read
The incident, confirmed by the California-based banking giant, was not a cyber-attack but rather a violation of company policies. The employee involved sent sensitive information to a personal account, leading to their termination.
- Updated On Apr 22, 2024 at 05:06 AM IST
Read by: 100 Industry Professionals
Read by 100 Industry Professionals
Wells Fargo has disclosed a data breach caused by the actions of one of its employees, resulting in the exposure of personal and mortgage account information for two of its customers.
The incident, confirmed by the California-based banking giant, was not a cyber-attack but rather a violation of company policies. The employee involved sent sensitive information to a personal account, leading to their termination.
"Wells Fargo has taken appropriate actions in accordance with our policies and procedures," a Wells Fargo spokesperson told CyberNews. "The individual involved is no longer with the company."
Advt
The two affected customers have been notified of the breach through a letter emphasizing that their well-being is Wells Fargo’s top priority. The bank expressed regret over any inconvenience caused by the incident and is actively monitoring the affected accounts for any unusual activities.
To further protect these customers, Wells Fargo is offering a complimentary two-year identity theft protection service through Experian, aimed at preventing any potential misuse of their information.
- By ETCISO Desk ,
- ETCISO
- Published On Apr 22, 2024 at 05:06 AM IST
All Comments
By commenting, you agree to the Prohibited Content Policy
By commenting, you agree to the Prohibited Content Policy
Find this Comment Offensive?
Choose your reason below and click on the submit button. This will alert our moderators to take actions
REASONS FOR REPORTING
Join the community of 2M+ industry professionals
Subscribe to our newsletter to get latest insights & analysis.
Download ETCISO App
- Get Realtime updates
- Save your favourite articles
