Originally published June 28 2005
FDIC employee information stolen a year ago used for bank fraud
by Mike Adams, the Health Ranger, NaturalNews Editor
According to GovExec.com, personal data of nearly 6,000 current and former Federal Deposit Insurance Corporation (FDIC) employees, including social security numbers, were stolen from FDIC computers and some were used to obtain fraudulent loans from a credit union.
Personal data including Social Security numbers on nearly 6,000 current and former Federal Deposit Insurance Corporation employees was stolen early last year, and some of the data has been used for fraudulent purposes.
The FBI and the agency's Office of Inspector General are investigating the theft.
An FDIC spokeswoman said that the agency first found out about the stolen data on March 30 when the agency's inspector general notified the agency that former FDIC employees were victims of apparent fraud.
According to the National Treasury Employees Union, which represents nearly 5,000 FDIC employees, at least 28 cases of identity theft have occurred, including loans taken out under the employees' names at a government credit union.
The letter states that the loss of data was not the result of a failure of the agency's cybersecurity programs and that the agency is taking steps to make sure this does not happen again.
In May, the Government Accountability Office released a report stating that while FDIC had improved weaknesses in its cybersecurity controls, it had yet to establish a comprehensive security management program.
In the letter, Arleas Upton Kea, the administration division director, encouraged all employees potentially affected by the security breach to obtain full credit reports from the three major credit bureaus.
On Thursday, NTEU President Colleen M. Kelley forwarded a letter to FDIC's human resources associate director Miguel Torrado, asking the agency to obtain or pay for credit monitoring services from all three credit bureaus for the affected employees for at least a year.
Kelley also asked the agency to give the employees and credit bureaus investigative reports so fraud alerts can be kept on their accounts for at least a year.
All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing LLC takes sole responsibility for all content. Truth Publishing sells no hard products and earns no money from the recommendation of products. NaturalNews.com is presented for educational and commentary purposes only and should not be construed as professional advice from any licensed practitioner. Truth Publishing assumes no responsibility for the use or misuse of this material. For the full terms of usage of this material, visit www.NaturalNews.com/terms.shtml