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BankMobile Security Breach Hits Student Bank Accounts

Original: Breaking news: BankMobile security breach compromises student accounts

BankMobile, a banking service widely used by colleges to disburse financial aid and refunds, has suffered a security breach affecting student accounts, according to reporting by the Sac City Express, the student newspaper of Sacramento City College. The report raises concerns about the safety of student financial data and how quickly affected account holders are being notified. Details on the number of accounts compromised and the method of the breach have not yet been disclosed.

Why now: Students whose financial aid flows through BankMobile are worried about the safety of their money and personal data.

BankMobileSacramento City CollegeSac City Express

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