ALEXANDRIA, Va. (3/9/15)--The National Credit Union Administration's Office of the Inspector General (OIG) has released a review regarding a data breach that occurred late last year.
The agency confirmed that an external flash drive containing personal information for approximately 1,600 members of Palm Springs (Calif.) FCU was lost.
According to the NCUA, there has been no indication that the information was used to gain improper access to any accounts.
The OIG report found that:
The report makes the following recommendations regarding the breach notification team (BNT), which is convened when the NCUA becomes aware of an actual or suspected breach:
According to the report, the OIG is currently conducting an audit to determine whether the NCUA has adequate controls in place to protect personal identification information and sensitive credit union examination data.