Government Watchdog Warns CFPB Over Unsecured Hardware Left in Vacated Offices, Sparking Data Security Concerns

By PYMNTS | October 1, 2026 Main Facts In a high-stakes administrative oversight development, federal watchdogs have flagged significant security vulnerabilities at the Consumer Financial Protection Bureau (CFPB). According to a report released Wednesday, September 30, 2026, by the Office of Inspector General (OIG) for the Board of Governors of the Federal Reserve System and…

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CFPB Overhauls Complaint System, Sparking Concerns Over Consumer Access and Relief

Washington D.C. – In a move that has ignited debate among consumer advocates and financial industry watchdogs, the Consumer Financial Protection Bureau (CFPB) has significantly altered its long-standing complaint resolution system. The federal agency, established in the wake of the 2008 financial crisis to protect consumers from predatory financial practices, announced sweeping changes last week…

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