During the recent security incident at Bank of America, a glitch in their system exposed the personal data of PPP (Paycheck Protection Program) applicants. This included sensitive information such as social security numbers, addresses, and financial details.
Bank of America reports that approximately 350,000 PPP applicants were impacted by the security incident. The bank has stated that they are working diligently to address the issue and ensure the safety of their customers information.
Bank of America has notified all affected PPP applicants of the security breach and is offering credit monitoring services to help protect against identity theft. The bank is also conducting a thorough investigation to determine the cause of the incident and prevent future occurrences.
Is my personal information safe with Bank of America?
How can I protect my identity after a security breach?
What is the Paycheck Protection Program (PPP) and why is it important?
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FBI investigating Bank of America PPP data breach.