Goldman Sachs Client Data Exposed in EY Data Breach

• •Goldman Sachs confirmed involvement in EY's data breach affecting client data.
• •The bank's systems were not compromised, and client assets remain safe.
• •The breach primarily impacted Goldman Sachs' wealth management division.

Goldman Sachs Group Inc. was implicated in a data breach of accounting firm EY earlier this year, which reportedly exposed client data. Goldman Sachs confirmed that its own systems were not compromised and that client assets remain secure. The breach primarily affected the bank's wealth management division, according to reports from the Financial Times. Goldman Sachs is in communication with EY to support clients impacted by the incident. The specifics of the attack method or vector have not been disclosed. EY has not responded to requests for comment on the breach. The breach was first reported by Bloomberg and has raised concerns in the finance sector.