From: PYMNTS.com
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According to a new report, the information accessed by a lawyer was on wealthy customers who do business with Wells Fargo’s brokerage unit. A person with knowledge of the matter told The Globe and Mail that regulators are inquiring about the data breach after information was given by accident to an attorney as part of a lawsuit involving two brothers, one of which is a former employee.
Wells Fargo has come to the determination the accounts were from a branch of the brokerage in the northeastern part of the U.S. The report went on to note that officials from the Financial Industry Regulatory Authority informally reached out to one or more of the attorneys involved in the lawsuit to find out how the cybersecurity breach happened and how Wells Fargo found out. The bank’s lawyers are contacting the regulators about the data breach as well, noted the report.
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