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$10 Million Stolen in Bank Breach

DATA LOSS—U.S.

May 27, 2011

The FBI and Secret Service have arrested 95 suspects in a data breach involving Bank of America, Infosecurity Magazine reports. A former bank employee provided customer information to scammers who used the information to hack into about 300 Bank of America customer accounts in California and surrounding states, according to the report. At least $10 million has been reported stolen, and names, Social Security numbers, phone numbers and bank account numbers were accessed, among other details.
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