Treasury Cuts Ties With Booz Allen Over IRS Data Leaks
Summary
• The U.S. Department of Treasury canceled all active contracts with Booz Allen Hamilton due to data protection failures.
• The decision was linked to a criminal case involving the leak of President Trump's tax returns by a former employee.
Why It Matters for Texas Credit Unions
This incident highlights potential risks in handling sensitive information and underscores the importance of robust data protection measures for Texas credit unions, which also handle confidential member data.
Original Source Material
Booz Allen Loses Treasury Work in Move Tied to Trump Waste Crackdown The U.S. Department of Treasury said it canceled all active contracts with Booz Allen Hamilton, citing data protection failures in handling taxpayer information. Treasury cited a criminal case against Charles Littlejohn, a former employee who leaked the tax returns of President Donald Trump.