Recent revelations show cybersecurity issues continue to plague financial institutions, businesses and consumers with the biggest potential breach possibly affecting some 550,000 to one million California auto loan company customers.

Kromtech Security Researchers discovered vulnerable data, which might have been unprotected for up to two years. Files purportedly belonging to a California auto loan company, Alliance Direct Lending, which works with individuals and auto dealership partners to help car owners refinance, exposed customer information including names, addresses, zip codes, the last four Social-Security digits, credit scores on an unsecure online database.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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