All Insights|Future Nexus
fintechApril 22, 2020

SBA Data Breach Impacts 8,000 Small Businesses

The Small Business Administration recently started contacting applicants who applied under the Economic Injury Disaster Loan program to inform them of a breach which impacted 7,913 small businesses; the breach may have contained personal information including Social Security numbers, financial information and more; the SBA is offering those impacted identity theft protection through ID Experts; the breach was made possible by a misconfigured web cache which allowed applicants who pressed the back button to see another loan application from a different business; the SBA shared that there is no evidence that the data has been misused. American Banker