Is Your Bank Keeping Your Secrets? New Study Says ‘It’s Complicated’

Oct. 9, 2025
Read time: <5 mins
Is Your Bank Keeping Your Secrets New Study Says Its Complicated 1536x864

As technology becomes increasingly integrated into everyday life, the security of consumer data has become a major concern. Although banks are among the most tightly regulated institutions in the United States, a new U-M study reveals that they may be sharing customer data more freely than many realize. In this Michigan News research spotlight, lead author Lu Xian from the School of Information explains how overlapping and fragmented privacy laws create confusion for both banks and consumers, leaving personal data vulnerable.

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