Fed Queries Bloomberg Over Reporters' Access To Client Data

Dripping Tap

Bloomberg in hot water over leaks.

Bloomberg customers, including the U.S. Federal Reserve and the U.S. Treasury, were examining on Saturday whether there could have been leaks of confidential information, even as the media company restricted its reporters' access to client data and created a position to oversee compliance in a bid to assuage privacy concerns.

The financial data and news company, whose computer terminals are widely used on Wall Street, had allowed journalists to see some information about terminal usage, including when customers had last logged in, and how often they used messaging or looked up data on broad categories, such as equities or bonds.

Bloomberg CEO Daniel Doctoroff said in a statement on Friday that the firm restricted reporters' access last month after a client complained.

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Fed queries Bloomberg over reporters' access to client data

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