Millions of Student Loan Records Stolen in Data Breach
The Educational Credit Management Corp. reported the theft of portable media with Social Security numbers, names, addresses and other information belonging to some 3.3 million people.More than 3 million federal student loan records were stolen in a massive data breach. According to the Educational Credit Management Corp. (ECMC), a guarantor of federal student loans, "portable media" containing the names, addresses, Social Security numbers and dates of birth of 3.3 million people was stolen from the company roughly a week ago.
The theft "occurred sometime during the weekend of March 20-21," the company said, and was discovered the afternoon of March 21. No bank account or other financial information was included in the data, and the theft was immediately reported to law enforcement after it was discovered, the company said.