Former President Barack Obama’s administration stole and stored Americans private bank records despite several warnings that the data wasn’t being properly protected, according to the New York Post. Now, a new investigation reveals 600 million accounts stored on a secret database were breached.
The new report from the Consumer Financial Protection Bureau, where the sensitive information on cyber-intrusions is stored, reveals that the government isn’t exactly sure who stole the information. It only knows that the Obama-era databases have been breached by outsider threats more than 1,000 times, and nothing was done about it.
CFPB revealed that there have been more than 200 confirmed breaches of consumers’ personally identifiable information.
He also said that they haven’t been able to track down the culprits and the information stolen from the Obama-era databases.
The hacks of personal information also go well-beyond Americans private bank records. CFPB admitted it has suffered 233 confirmed hacks and 840 suspected hacks of Social Security numbers and birth dates that belong to potentially millions of Americans.
Many aren’t aware of that Obama created the CFPB, which gave his administration a powerful regulatory agency that can legally scan virtually every financial account held by Americans. The government then collects and stores that information into a secret government database and claims it is necessary as part of the post-financial crisis years ago.
CFPB has records and data on roughly 600 million credit-card accounts and personal data from millions of home, auto, business and student loans. All of this was left vulnerable by the Obama administration as many of the threats were not investigated and the databases were never updated to handle the uptick in breaches and hacks.
Now, Mulvaney said that his agency is working with the Department of Defense to fix the outdated encryption mechanisms used by the Obama administration. The agency is now training employees on how to avoid falling for email “phishing” scams that hackers use to breach government systems.
So because the Obama administration failed spectacularly to take any action, the government has no idea who has Americans personal data. It could be hackers, foreign nations, or even terrorists. And now Mulvaney is forced to clean up another mess because Obama failed to take any action.