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10:15 AM

NBA Players' Financial Data Exposed In BEC Email Scam

NBA franchise employee mistakenly emails 2015 tax data of NBA team fraudster, say sources.

The Milwaukee Bucks basketball organization reportedly was recently the target of a business email compromise (BEC) scam involving the release of its players’ financial details. The information included names, addresses, Social Security numbers, dates of birth, and compensation details. 

Quoting league sources, The Vertical reports that on April 26 an employee of the franchise unknowingly emailed the players’ 2015 IRS W-2 forms to a hacker impersonating Bucks' president Peter Feigin. Sources say the franchise has taken responsibility for the error and asked the NBA and National Basketball Players Association to investigate the incident. Both the IRS and FBI also have been notified.

Representatives of players have termed the incident as “unacceptable” and asked to know “the exact measures being taken by the Bucks and the FBI to ensure each and every player's identity and financial information will not be compromised.”

The Bucks have offered three years of credit monitoring and unlimited identity restoration services to the impacted individuals, reports The Vertical.

Read more at Yahoo! Sports.

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User Rank: Ninja
5/25/2016 | 8:55:42 AM
Everyone's in Scope
This is a prime example that everyone and anyone can be a target of a cyber scam. At least the Bucks are launching the proper reactive measures and focusing on their employees.
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