UK Financial Watchdog Admits Data Blunder

guest · Feb 25, 2020

UK Financial Watchdog Admits Data Blunder
February 25, 2020
https://www.infosecurity-magazine.com/news/uk-financial-watchdog-admits-data/

The UK's Financial Conduct Authority (FCA) has admitted exposing the personal data of its critics online.

The FCA, whose job it is to regulate the conduct of the approximately 59,000 financial services firms and financial markets in the United Kingdom, said the data breach was accidental and inadvertent.
Names, addresses, and some telephone numbers of people who had lodged complaints against the authority were shared online under the blunder.

The data was exposed in November, when the spreadsheet in which it was contained was published in response to a Freedom of Information request.
It wasn't until early February that the FCA cottoned on to its mistake and re-secured the exposed data. According to the BBC, 1,600 names were exposed as a result of the breach.
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In a statement released today, the FCA said that the level of exposure differed for each individual, but "no financial, payment card, passport or other identity information were included" in the data breach.
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FCA: Statement on FCA data breach

The FCA was recently made aware that, in a response to a Freedom of Information Act request published on our website in November 2019, certain underlying confidential information may have been accessible. The response related to the number and nature of new complaints made against the FCA and handled by the Complaints Team between 2 January 2018 and 17 July 2019. The publication of this information was a mistake by the FCA.
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