A former employee of the Office of the Comptroller of the Currency downloaded 10,000 records onto thumb drives before his retirement in November 2015.
On Friday, the US banking regulator told Congress about a potential “major information security incident” after it discovered that a former employee has downloaded a large number of files onto thumb drives before his retirement in November 2015.
According to the Office of the Comptroller of the Currency, there was no evidence that suggests that the former employee has publicly disclosed the data neither he has misused it.
The Office of the Comptroller is tasked with protecting consumers and the regular activity on financial markets.
The banking regulator confirmed the former employee downloaded a large number of files onto two removable thumb drives, the stolen information was encrypted. According to the Office of the Comptroller of the Currency, the security breach was only detected last month after a routine security assessment.
The OCC reported that when the former employee was contacted by the Agency, he “was unable to locate or return the thumb drives to the agency.”
“The OCC has deemed the breach a “major incident” because the devices containing the information are not recoverable and more than 10,000 records were removed, the agency said.” reported the Reuters.
“An official familiar with the investigation declined to comment on a possible motive. The official, who was not authorized to discuss the case, noted that a large batch of unclassified personnel records were among the cache.”
Experts have downplayed the risks for the users arguing that the information was not released to unauthorized sources.It is quite frequent that employees or consultants report missing thumb drives containing sensitive data.
It is quite frequent that employees or consultants report missing thumb drives containing sensitive data.
Pierluigi Paganini is member of the ENISA (European Union Agency for Network and Information Security) Threat Landscape Stakeholder Group and Cyber G7 Group, he is also a Security Evangelist, Security Analyst and Freelance Writer.
Editor-in-Chief at "Cyber Defense Magazine", Pierluigi is a cyber security expert with over 20 years experience in the field, he is Certified Ethical Hacker at EC Council in London. The passion for writing and a strong belief that security is founded on sharing and awareness led Pierluigi to find the security blog "Security Affairs" recently named a Top National Security Resource for US.
Pierluigi is a member of the "The Hacker News" team and he is a writer for some major publications in the field such as Cyber War Zone, ICTTF, Infosec Island, Infosec Institute, The Hacker News Magazine and for many other Security magazines.
Author of the Books "The Deep Dark Web" and “Digital Virtual Currency and Bitcoin”.