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Federal Agency Suffered Large Data Breach

Incident the result of successful phishing email

Tuesday, June 26, 2012
Federal Agency Suffered Large Data BreachThe U.S. Commodity Futures Trading Commission recently revealed that it suffered a data breach in May which may have put the information for about 700 employees at risk.

The incident came when a phishing email successfully duped a CFTC employee into putting sensitive data into a fraud site, according to a report from Bloomberg News. As a result, a person on the other end of the site was able to access their email account, which had personal information for numerous employees.

"The e-mail account contained e-mails and attachments with the names, Social Security numbers and possibly other sensitive personally identifiable information of certain individuals," the CFTC announced, according to the news agency.

A CFTC spokesman also noted that it's not believed the incident exposed any trading or market data, and that law enforcement is involved in the case, the report said.

Ondrej Krehel, chief information security officer for Identity Theft 911, writes a blog about the problems data breaches pose for victimized consumers and organizations alike, and what can be done to reduce these concerns.

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