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April 13, 2024

Wells Fargo Says It Has Suffered Data Breach, Blames Employee for Exposing Personal Information on Pair of Customers

By Henry Kanapi

Banking titan Wells Fargo says it suffered a data breach that exposed sensitive information on at least two of its customers.

In a letter, the California-based financial giant says personal information and mortgage account numbers were exposed.


Wells Fargo says one of its employees is responsible for the data breach, although it’s not clear how or why the employee accessed and revealed the information.

“Wells Fargo took appropriate actions with respect to the employee in accordance with our policies and procedures.” 

In a statement to CyberNews, a Wells Fargo representative says the employee at the center of the incident has been fired.

“Wells Fargo was not involved in a cyber-attack. An employee violated company policy for sending information to his personal account. The individual is no longer employed with Wells Fargo.


Two customers are receiving a data breach notification letter. The needs of our customers are at the center of everything we do, and we regret any inconvenience this may cause.”

Wells Fargo says it is monitoring their accounts for any suspicious activity and is now offering the victims a two-year complimentary identity theft protection program from Experian.

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