After an acknowledgement by Bloomberg News last week “that its reporters used the company’s terminals to access personal information about subscribers, including Wall Street traders and other financial professionals,” The Washington Post is reporting that “the Federal Reserve, Treasury Department and some of the nation’s largest financial firms are assessing whether their use of Bloomberg News’ ubiquitous financial data terminals has exposed them to a potential privacy breach.” Bloomberg has indicated the reporters’ practice was “to retrieve mundane facts” and not sensitive data. Bloomberg ceased reporter access to such information last week, the report states. (Registration may be required to access this story.)
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