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SEC Says Employee Data Was Exposed

DATA LOSS—U.S.

October 24, 2011

The New York Times reports on the Securities and Exchange Commission (SEC) breach that may have compromised its employees' financial information. Two years ago, the commission required its 4,000 employees to use a comprehensive database to clear their security transactions and monitor their financial holdings. Financial Tracking Technologies (FTT) monitors the database, but the SEC told its employees that FTT granted access to an unauthorized party and that employees' personal information might have been exposed. The SEC has offered free credit monitoring to affected employees for one year. There is no evidence that the information has been misused. (Registration may be required to access this story.)   
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