Bank staffers are selling client data in back-door deals with online fraudsters — helping to facilitate sophisticated scams that target the live savings of Americans, according to a report.
These bank insiders, usually the lowest-paid employees, continue to get caught selling personal information, exposing a major weakness in bank security, Bloomberg News reported.
“The more employees there are inside a company with access to sensitive customer information, the higher the risk that access is going to be abused,” said R.J. Cross, a privacy advocate at US Public Interest Research Group.
More Info