Bank of America Company Cyber Security Posture

bankofamerica.com

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

BA Company Details

Linkedin ID:

bank-of-america

Employees number:

219382 employees

Number of followers:

2675230.0

NAICS:

522

Industry Type:

Banking

Homepage:

bankofamerica.com

IP Addresses:

Scan still pending

Company ID:

BAN_2333718

Scan Status:

In-progress

AI scoreBA Risk Score (AI oriented)

Between 800 and 900

This score is AI-generated and less favored by cyber insurers, who prefer the TPRM score.

Ailogo

Bank of America Company Scoring based on AI Models

Model NameDateDescriptionCurrent Score DifferenceScore
AVERAGE-Industry03-12-2025

This score represents the average cybersecurity rating of companies already scanned within the same industry. It provides a benchmark to compare an individual company's security posture against its industry peers.

N/A

Between 800 and 900

Bank of America Company Cyber Security News & History

Past Incidents
1
Attack Types
1
EntityTypeSeverityImpactSeenUrl IDDetailsView
Bank of AmericaData Leak85304/2020BAN2212291222Link
Rankiteo Explanation :
Attack with significant impact with internal employee data leaks

Description: Business clients applying for Paycheck Protection Program (PPP) loans with Bank of America have had their personal and business information exposed in a data breach. The data breach occurred on April 22 as Bank of America uploaded customersโ€™ PPP loan applications to the Small Business Administrationโ€™s (SBA) online testing system, which allowed lenders to test application submissions. During the testing process, Application information was potentially visible to other lenders and their third-party vendors. The exposed data included both business and clientsโ€™ personal information. The affected business data may include business names, addresses, and tax identification numbers. Affected personal data may include names, addresses, Social Security numbers, phone numbers, email addresses, and citizenship information.

Bank of America Company Subsidiaries

SubsidiaryImage

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

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BA Cyber Security News

2025-01-10T08:00:00.000Z
In Other News: Bank of America Warns of Data Breach, Trucking Cybersecurity, Treasury Hack Linked to Silk Typhoon

2025 trucking cybersecurity report, Bank of America discloses data breach, Silk Typhoon behind US Treasury hack.

2025-02-16T08:00:00.000Z
Bank Of America At The Intersection Of Cybersecurity And Neurodiversity

Neurodiversity is any variation in the human brain regarding sociability, learning, attention, mood, and other mental functions. This includesย ...

2025-06-28T07:00:00.000Z
CrowdStrike or Check Point: Bank of America Selects the Superior Cybersecurity Stock to Buy

Bank of America has taken note, and is looking at CrowdStrike (NASDAQ:CRWD) and Check Point (NASDAQ:CHKP), two major names in the cybersecurityย ...

2025-03-05T08:00:00.000Z
Bank of America Customers Left In The Dark About Data Breach For 90 Days

About 57,000 Bank of America customers are being warned that their personal information may have been exposed during a November cyberattackย ...

2025-01-30T00:15:16.000Z
How to Manage Third-Party Cybersecurity Risks for Business

As businesses increasingly rely on external organizations to operate, it's crucial to build or strengthen your third-party risk management plan.

2024-10-15T07:00:00.000Z
The internetโ€™s worst โ€˜zero dayโ€™ could drain all of our bank accounts

Without protective legislation, strong rules, cybercops, better security and tech-literate users, it seems inevitable that we wake one dayย ...

2025-04-21T07:00:00.000Z
Banks gear up to boost cybersecurity, cloud and data spending

Financial services companies are doubling down on cloud, cyber and data platforms to lay the groundwork for generative AI and implement otherย ...

2025-05-26T07:00:00.000Z
Banks Want SEC to Rescind Cyberattack Disclosure Requirements

The letter said that the โ€œcomplex and narrow disclosure delay mechanismโ€ interferes with incident response and law enforcement, while alsoย ...

2024-10-16T07:00:00.000Z
William Blair Bolsters Cybersecurity Investment Banking With Senior Hire

William Blair's investment banking group enables corporations, financial sponsors, and owner/entrepreneurs around the world to achieve theirย ...

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faq

Frequently Asked Questions

Explore insights on cybersecurity incidents, risk posture, and Rankiteo's assessments.

BA CyberSecurity History Information

How many cyber incidents has BA faced?

Total Incidents: According to Rankiteo, BA has faced 1 incident in the past.

What types of cybersecurity incidents have occurred at BA?

Incident Types: The types of cybersecurity incidents that have occurred incident Data Leak.

Incident Details

Can you provide details on each incident?

Incident : Data Breach

Title: Bank of America PPP Loan Data Breach

Description: Business clients applying for Paycheck Protection Program (PPP) loans with Bank of America have had their personal and business information exposed in a data breach.

Date Detected: April 22, 2020

Type: Data Breach

Attack Vector: Improper Data Handling

Vulnerability Exploited: Improper Data Handling

What are the most common types of attacks the company has faced?

Common Attack Types: The most common types of attacks the company has faced is Data Leak.

Impact of the Incidents

What was the impact of each incident?

Incident : Data Breach BAN2212291222

Data Compromised: Business names, Addresses, Tax identification numbers, Names, Social Security numbers, Phone numbers, Email addresses, Citizenship information

What types of data are most commonly compromised in incidents?

Commonly Compromised Data Types: The types of data most commonly compromised in incidents are Business names, Addresses, Tax identification numbers, Names, Social Security numbers, Phone numbers, Email addresses and Citizenship information.

Which entities were affected by each incident?

Incident : Data Breach BAN2212291222

Entity Type: Financial Institution

Industry: Banking

Data Breach Information

What type of data was compromised in each breach?

Incident : Data Breach BAN2212291222

Type of Data Compromised: Business names, Addresses, Tax identification numbers, Names, Social Security numbers, Phone numbers, Email addresses, Citizenship information

Sensitivity of Data: High

Personally Identifiable Information: True

Additional Questions

Incident Details

What was the most recent incident detected?

Most Recent Incident Detected: The most recent incident detected was on April 22, 2020.

Impact of the Incidents

What was the most significant data compromised in an incident?

Most Significant Data Compromised: The most significant data compromised in an incident were Business names, Addresses, Tax identification numbers, Names, Social Security numbers, Phone numbers, Email addresses and Citizenship information.

Data Breach Information

What was the most sensitive data compromised in a breach?

Most Sensitive Data Compromised: The most sensitive data compromised in a breach were Business names, Addresses, Tax identification numbers, Names, Social Security numbers, Phone numbers, Email addresses and Citizenship information.

What Do We Measure?

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Digital Assets

Every week, Rankiteo analyzes billions of signals to give organizations a sharper, faster view of emerging risks. With deeper, more actionable intelligence at their fingertips, security teams can outpace threat actors, respond instantly to Zero-Day attacks, and dramatically shrink their risk exposure window.

These are some of the factors we use to calculate the overall score:

Network Security

Identify exposed access points, detect misconfigured SSL certificates, and uncover vulnerabilities across the network infrastructure.

SBOM (Software Bill of Materials)

Gain visibility into the software components used within an organization to detect vulnerabilities, manage risk, and ensure supply chain security.

CMDB (Configuration Management Database)

Monitor and manage all IT assets and their configurations to ensure accurate, real-time visibility across the company's technology environment.

Threat Intelligence

Leverage real-time insights on active threats, malware campaigns, and emerging vulnerabilities to proactively defend against evolving cyberattacks.

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