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Wells Fargo Discloses Data Breach Affecting Two Customers

Wells Fargo Discloses Data Breach Affecting Two Customers

Wells Fargo, a prominent banking institution, has reported a data breach compromising sensitive information belonging to at least two of its customers.

According to a letter issued by the California-based financial giant, the breach exposed personal information and mortgage account numbers.

The bank attributed the breach to one of its employees, although the motive behind the unauthorized access and disclosure remains unclear.

“Wells Fargo took appropriate actions with respect to the employee in accordance with our policies and procedures,” stated the bank.

A representative from Wells Fargo confirmed to CyberNews that the employee involved in the incident has been terminated.

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“Wells Fargo was not subject to a cyber-attack. An employee violated company policy by transferring information to a personal account. The individual is no longer employed with Wells Fargo,” the representative clarified.

Affected customers have been notified of the breach, and Wells Fargo is offering them a two-year complimentary identity theft protection program from Experian.

The bank reassured customers of its commitment to monitoring accounts for any suspicious activity and emphasized its focus on customer needs and regret for any inconvenience caused.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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