I’m still getting caught up with news after being out of town for a few days.  Here’s a report I just saw from Suzanne Barlyn of Reuters: The U.S. Commodities Futures Trading Commission (CFTC) said on Friday that a Chicago-based futures brokerage will pay a total of $1.5 million for letting cyber criminals breach the firm’s email systems and withdraw $1 million from a customer’s account. Phillip Capital Inc (PCI) neither admitted nor denied the CFTC’s findings or conclusions, the CFTC said in a settlement with the firm. A Phillip Capital representative did not return a call requesting comment. Read more on Reuters.

Categories: security