Attorney General Richard Blumenthal announced Tuesday that he wants more details about a data breach at a Minnesota student loan manager that may have exposed personal information on 3.3 million borrowers, including hundreds of thousands from Connecticut.
Minnesota law enforcement has recovered the stolen data and arrested a suspect in the data theft case involving Educational Credit Management Corp. (ECMC), but Blumenthal said questions remain about the extent of the breach, how it happened and whether the personal data was illegally shared or distributed before it was recovered.
Blumenthal said he has sent ECMC a letter seeking additional information by the end of this week, including a detailed explanation to support the company’s public claims that it does not believe the stolen information has been compromised.
“Millions of students — including many in Connecticut — are still in doubt that their identities and finances are secure,” Blumenthal said. “This data recovery and arrest are good news — but personal financial information may have already been leaked or looted.
Blumenthal said he wants to know what caused the breach, and how information will be protected going forward. He also wants assurances that 3.3 million federal student loan borrowers will be fully protected from financial abuse.
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