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04/24/2020
STATEMENT: SBA DATA BREACH PUTS BUSINESS OWNERS AT RISK OF ID THEFT AND OTHER FRAUD
U.S. Pirg
WASHINGTON -- The Small Business Administration (SBA) announced Tuesday that the personal information of nearly 8,000 business owners applying for federal disaster loans had been exposed. The breach affects applicants to the Economic Injury Disaster Loan program (EIDL), and may have included names, Social Security numbers, addresses, birth dates, email addresses, phone numbers, citizenship statuses and insurance information.
Mike Litt, U.S. PIRG Education Fund Consumer Campaign director, issued the following statement in response:
“Business owners who applied for these emergency loans are going through a lot already. The last thing they need is to have to worry about fraud. This isn’t just a ‘watch out for phishing’ data breach. The SBA’s data breach now puts these applicants at risk of identity theft, Social Security benefits fraud, tax refund fraud, medical services fraud, and possibly insurance fraud.
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