CFPB Clears Hardware From Vacated Offices After Watchdog Security Warning
A government watchdog issued a report Wednesday (Sept. 30) saying that it had recommended that the Consumer Financial Protection Bureau (CFPB) secure hardware assets that it left at former regional offices it vacated in early 2025. The watchdog, the Office of Inspector General for the Board of Governors of the Federal Reserve System and the […] The post CFPB Clears Hardware From Vacated Offices…
The Consumer Financial Protection Bureau (CFPB) has removed hardware assets from former regional offices it vacated in early 2025, following a government watchdog's security warning. The Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (OIG) discovered during an audit that the CFPB had left the hardware at the former offices without verifying their security.
The CFPB maintains databases containing consumer complaints, financial information, and confidential records on financial institutions. The OIG recommended that the CFPB secure the hardware assets immediately, and the regulator agreed with the recommendation. The CFPB claims that its centralized data center and use of cloud providers mean the hardware assets do not contain databases with sensitive information, and that it is in the process of implementing the OIG's recommendation.
The OIG stated that the CFPB's actions appear to be responsive to the recommendation and will follow up to ensure full compliance.
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