Ken Griffin, the billionaire founder of hedge fund Citadel, is suing the US Internal Revenue Service over a data breach that led to his confidential financial information being published by ProPublica, according to a report by Bloomberg.
Ken Griffin, the billionaire founder of hedge fund Citadel, is suing the US Internal Revenue Service (IRS) over a data breach that led to his confidential financial information being published by ProPublica, according to a report by Bloomberg.
Griffin is seeking financial damages for the breach having filed a lawsuit in a Florida court accusing the US Treasury Department and the IRS of “willful and intentional failure to establish appropriate administrative, technical, and/or physical safeguards.”
The report cites a statement gave by Griffin as saying: “IRS employees deliberately stole the confidential tax returns of several hundred successful American business leaders. It is unacceptable that government officials have failed to thoroughly investigate this unlawful theft of confidential and personal information. Americans expect our government to uphold the laws of our nation when it comes to our private and personal information — whether it be tax returns or health care records.”