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Stock impact report

Student loan company notifies 16,500 borrowers of data breach [CBS News]

Nelnet, Inc. (NNI) 
US:NYSE Investor Relations: nelnet.com/investors
Company Research Source: CBS News
MINNEAPOLIS - - A student loan services company recently notified 16,500 borrowers that files containing personal data were released to a business that wasn't authorized to receive them. Access Group Education Lending said in a letter to those affected that the data breach happened on March 23 when one of its vendors sent out files -- including borrowers' names, driver's license numbers and Social Security numbers -- to another business. The business was not identified, but has been described as a student loan lender. Access Group said in the letter that it learned of the release on March 28 and it was assured that the vendor who received the files deleted them and didn't retain copies. The company did not begin notifying borrowers until three weeks later. In response to questions from The Associated Press, Access Group said in a statement that exposure to personal information was limited and has been terminated. Those who were affected are being offered free credit monitorin Show less Read more
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