Monster.com was hacked in 2007 that resulted in illegal downloading of contact information for job seekers.
The US Federal trade commission launched an investigation into security practices at Monster.com
Find below the text bits from WorkForce Management Online
Monster disclosed the probe in a filing with the U.S. Securities and Exchange Commission, and said the inquiry stemmed from a computer attack announced last year that resulted in the illegal downloading of contact information for 1.3 million job seekers.
“On October 29, 2007, the Company was requested to voluntarily provide information to the staff of the Federal Trade Commission in connection with a non public inquiry into certain information security practices of Monster.com,” Monster disclosed in an SEC filing. “The inquiry arises as a result of the attack.”
FTC investigations as a rule are nonpublic unless the firm under investigation acknowledges the probe. The agency in recent years has been going after companies with alleged failures related to the protection of sensitive consumer information. In a number of cases, organizations have settled FTC charges and agreed to new data security policies.
Monster’s admission of the FTC probe underscores concerns about possible identity theft and data breaches in the use of online job boards.
FTC spokeswoman Claudia Bourne Farrell confirmed that the agency had an open investigation of Monster under way last year. She declined to comment on whether the investigation has been closed.
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