STATE REVIEWS WELLS FARGO RELATIONSHIP: Maryland’s treasury office is reviewing whether the state should stop doing business with Wells Fargo in light of the bank’s scandal over its use of fraudulent sales practices. The review comes after the state of California suspended doing business with the San Francisco-based bank for the next 12 months, Holden Wilen of the BBJ reports. The city of Philadelphia is also reviewing its relationship with the bank.
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An independent review of Wells Fargo credit card and deposit accounts has determined that more than 15,000 accounts in Maryland may have been unauthorized, a practice found among Wells Fargo accounts across the country and one that has put the third-largest bank in the United States under intense scrutiny, Anamika Roy of the Daily Record reports.
STATE MOVES AHEAD WITH ONLINE BALLOTS: Cybersecurity experts are warning that Maryland’s online absentee-ballot system is dangerously vulnerable to tampering and privacy invasions, both growing concerns in a year when hackers have breached the Democratic National Committee and attempted to access boards of elections in at least two states, Josh Hicks of the Post is reporting.
READ MORE HERE: http://marylandreporter.com/2016/10/03/state-roundup-october-3-2016/