NCUA Examiner Blamed for Data Breach

$13 million Palm Springs FCU did what many credit unions do when NCUA is performing their exam: they downloaded the requested data to a flash drive and provided that to their examiner for review. Unfortunately, it appears now that the examiner lost the flash drive that contained member names, addresses, account numbers, and social security numbers and the credit union finds itself having to notify its members of the data breach. [12/16/14]