DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Update on Chicago employees’ retirement account breach

Posted on June 16, 2016 by Dissent

You may have missed it in the crush of other news this week, but I had noted that Nationwide Retirement Solutions is investigating how the retirement accounts of 91 Chicago municipal employees were breached earlier this month. Today, Karin Price Mueller of NJ.com has an update that suggests this was not a hack, but data theft to obtain loans:

 

“We believe somebody stole the information. It was not hacked,” said a spokesman for Nationwide Retirement Solutions, the company that administers the plan for the city.

When asked if it was an inside job, the spokesman wouldn’t comment, saying he couldn’t give any more detail because of an ongoing investigation.

A spokeswoman for Chicago’s comptroller would only say the fraud was “undertaken by an individual or group who fraudulently accessed personal information and established a web profile to take out a loan from the retirement account.”

In all, 91 accounts were breached, but only 58 of those had money withdrawn, the spokeswoman said.

Read more on NJ.com.

And if this could happen to Chicago’s employees, is there a wider problem at NRS that could impact other municipalities’ employees?  So far, NRS isn’t giving any indication of that, but given that there’s an ongoing investigation, it may be early days.

Category: Government SectorID TheftSubcontractorU.S.

Post navigation

← DNC hacker slams CrowdStrike, publishes opposition memo on Donald Trump
Walmart vendor error exposed limited patient information →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Oklahoma Expands its Security Breach Notification Law
  • Ransomware group Gunra claims to have exfiltrated 450 million patient records from American Hospital Dubai.
  • North Shore University Sleep Disorders Center employee charged with secretly recording patients in restrooms
  • When ransomware listings create confusion as to who the victim was
  • Rajkot civic body’s GIS website hit by cyber attack, over 400 GB data feared stolen
  • Taiwan’s BitoPro hit by NT$345 million cryptocurrency hack
  • Texas gastroenterology and surgical practice victim of ransomware attack
  • Romanian Citizen Pleads Guilty to ‘Swatting’ Numerous Members of Congress, Churches, and Former U.S. President
  • North Dakota Enacts Financial Data Security and Data Breach Notification Requirements
  • Pro-Ukraine hacker group Black Owl poses ‘major threat’ to Russia, Kaspersky says

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Florida ban on kids using social media likely unconstitutional, judge rules
  • State Data Minimization Laws Spark Compliance Uncertainty
  • Supreme Court Agrees to Clarify Emergency Situations Where Police Don’t Need Warrant
  • Stewart Baker vs. Orin Kerr on “The Digital Fourth Amendment”
  • Fears Grow Over ICE’s Reach Into Schools
  • Resource: HoganLovells Asia-Pacific Data, Privacy and Cybersecurity Guide 2025
  • She Got an Abortion. So A Texas Cop Used 83,000 Cameras to Track Her Down.

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.