Access Group Education Lending says in a letter to those affected that the data breach happened on March 23 when one of its vendors sent out files -- including borrowers' names, driver's license numbers and Social Security numbers -- to another business. MINNEAPOLIS -- A student loan services company has notified 16,500 borrowers that files containing personal data were released to a business that wasn't authorized to receive them. Access Group Education Lending says in a letter to those affected that the data breach happened on March 23 when one of its vendors sent out files -- including borrowers' names, driver's license numbers and Social Security numbers -- to another business. Access Group told borrowers it learned of the release on March 28 and it was assured that the vendor who received the files deleted them and didn't retain copies. In a statement Friday, Access Group said that exposure of any personal information was limited.
In order to prevent security breaches, insider attacks and comply with regulatory mandates, organizations must proactively monitor and manage privileged access. As the compromise and misuse of identity is often at the core of modern threats, privilege accounts are a prime target for phishing and social campaigns. However, a discovery gap between what access has been granted and what users are actually doing has made it difficult to understand security risks and has plagued identity and access management (IAM) for years. This lack of visibility also applies to privileged access. A situation that has been made even worse since few companies have implemented privileged access management (PAM).
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