The effectiveness of the Consumer Financial Protection’s (CFPB) data security capabilities has been scrutinized numerous times since the agency’s inception.
Acting director Mick Mulvaney offered perhaps the most telling evidence that those concerns were not unfounded while responding to a letter from Sen. Elizabeth Warren (D-Mass.) inquiring about the bureau’s data systems.
Find out more details Mulvaney revealed about data breaches at the CFPB, and what information Warren provided to support her argument that Mulvaney’s data security concerns do not merit halting data collection activities.