Financial Institutions Risk U.S. Consumer Information and National Security
The trend of major U.S. financial institutions outsourcing data security to overseas subcontractors has become a significant concern for both national security and consumer protection. Banks such as Citibank, JPMorgan Chase, Wells Fargo, and others are increasingly relying on foreign entities to manage sensitive customer data, a move driven by cost-saving measures. However, this strategy introduces serious vulnerabilities, placing U.S. consumer data and the financial system at risk.
Banks and Telecom Giants Outsource Critical Services to Foreign Firms, Exposing Millions of American
The unchecked greed of corporate America is threatening both U.S. national security and the financial safety of millions of consumers. Major financial institutions such as Citibank, Wells Fargo, and JPMorgan Chase, along with telecom giants like T-Mobile and AT&T, are increasingly outsourcing their customer service and data operations to foreign companies. These corporations are knowingly prioritizing profits over the safety and security of their customers, and the consequences are becoming devastatingly clear.