Bank of America Merrill Lynch Company Cyber Security Posture

bofaml.com

From local communities to global markets, we are dedicated to shaping the future responsibly and helping clients thrive in a changing world. “Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Bank of America is a marketing name for the Retirement Services business of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and in other jurisdictions, by locally registered entities. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA.   Investment products: Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed Any opinions, views, statements, estimates or projections (“posts”) posted on this web page are solely those of the individual author(s). As such, posts by an employee of BofAML or any of its affiliates are solely those of such employee or agent and do not necessarily reflect the views of BofAML. BofAML is not responsible for the content, or output of external websites. For Terms and Conditions and Disclaimers, please visit go.bofaml.com/social. Bank of America LinkedIn Community Guidelines can be found at: http://about.bankofamerica.com/en-us/social-media/linkedin-community-guidelines.html

BAML Company Details

Linkedin ID:

bank-of-america-merrill-lynch

Employees number:

17432 employees

Number of followers:

368409.0

NAICS:

52

Industry Type:

Financial Services

Homepage:

bofaml.com

IP Addresses:

Scan still pending

Company ID:

BAN_2040524

Scan Status:

In-progress

AI scoreBAML Risk Score (AI oriented)

Between 900 and 1000

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

Ailogo

Bank of America Merrill Lynch 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 900 and 1000

Bank of America Merrill Lynch 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 customers’ PPP loan applications to the Small Business Administration’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 clients’ 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 Merrill Lynch Company Subsidiaries

SubsidiaryImage

From local communities to global markets, we are dedicated to shaping the future responsibly and helping clients thrive in a changing world. “Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Bank of America is a marketing name for the Retirement Services business of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and in other jurisdictions, by locally registered entities. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA.   Investment products: Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed Any opinions, views, statements, estimates or projections (“posts”) posted on this web page are solely those of the individual author(s). As such, posts by an employee of BofAML or any of its affiliates are solely those of such employee or agent and do not necessarily reflect the views of BofAML. BofAML is not responsible for the content, or output of external websites. For Terms and Conditions and Disclaimers, please visit go.bofaml.com/social. Bank of America LinkedIn Community Guidelines can be found at: http://about.bankofamerica.com/en-us/social-media/linkedin-community-guidelines.html

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BAML Cyber Security News

2025-05-04T01:59:15.000Z
A10 for Sale, CEO on the Way Out Following Dismal Q2 Earnings

A10 Networks hired Bank of America Merrill Lynch to advise the company on “strategic matters” including a potential sale.

2025-02-14T08:00:00.000Z
Merrill Edge Safety Review: How Secure is Your Information?

Merrill Edge is a trading platform that provides the necessary security and safety required from stock trading apps.

2025-05-06T10:01:01.000Z
Cisco Adds Observable Networks to its Security Startup Acquisitions

Cisco will soon add another security startup, Observable Networks, to its list of recent security acquisitions.

2024-05-29T07:00:00.000Z
Merrill Employee Error Causes Walmart 401(k) Data Breach

A Merrill Lynch employee's email error last month inadvertently resulted in a data breach affecting nearly 1,900 Walmart 401(k) plan ...

2024-03-06T08:00:00.000Z
BofA Patents Increase Nearly 70% in 5 Years

Bank of America today announced a record year for its patent portfolio, which has grown to nearly 6600 granted patents and pending patent ...

2024-05-24T07:00:00.000Z
Merrill Cyber Leak Exposes Walmart 401(k) Participants

Impacted 401(k) participants will have access to a two-year membership with an identity theft protection service.

2025-02-27T08:15:50.000Z
Big Data and Analytics Top Tech Jobs

Pharmacists are experts in the development, preparation and usage of medicines. Pharmacists are considered some of the most visible, accessible and trusted ...

2024-05-24T07:00:00.000Z
‘Isolated’ Error by Merrill Exposes Some Walmart 401(k) Data

The inadvertent email error surfaced Social Security numbers of some Walmart participants; no misuse is expected, and Merrill is providing them ...

2024-02-02T08:00:00.000Z
EquiLend restores some services after cybersecurity incident

Fintech firm EquiLend said on Friday some services, including trading and post-trading solutions, had been restored, more than a week after ...

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