MILWAUKEE, WI – NOVEMBER 3: Milwaukee Bucks Mascot Bango celebrates after the win over the Cleveland Cavaliers at Bradley Center on November 3, 2012 in Milwaukee, Wisconsin. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mike McGinnis/Getty Images)

Financial security and hacking is a big issue in today’s increasingly wireless banking world. However, one would think that a professional sports organization would be above falling for an e-mail scam.

Not the Milwaukee Bucks, who according to a report from The Vertical’s Shams Charaina, had an employee fall for a phishing scam and released sensitive financial information on its players.

According to the report, that information included the players W-2 information — meaning the perpetrators of the scam now have access to players addresses, social security numbers and other sensitive information.

The Bucks apparently took a month to find out they had been scammed, noticing the issue a few days ago after receiving the fake e-mail on April 16. Milwaukee has gotten the NBA, the IRS and the FBI involved in the case.

How exactly did the employee fall for the scam? All it took was someone reportedly taking on the identity of team president Peter Feigin to gain access to the highly sensitive financial information.

At least one agent is not exactly happy with the response from the Bucks and the federal authorities to this point, as The Vertical quotes the unidentified agent as saying the following:

“The communication received on this major security breach is unacceptable. The players need 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. There needs to be accountability for such a mistake, details on the steps taken to rectify it and a process put in place to make sure this never happens again.”

The breach is incredible, especially given the high stakes financial world that owners Wes Edens and Marc Lasry dabble in. Both are Hedge Fund managers and the security of the clients’ financial information is of the utmost importance.

One can bet that the person duped in this scam is no longer employed by the Milwaukee Bucks. However, with the NBA Draft and free agency coming up, this is about as bad a black eye as an organization can take.

Who is going to want to come to Milwaukee after this kind of financial snafu?

[The Vertical]

About Andrew Coppens

Andy is a contributor to The Comeback as well as Publisher of Big Ten site talking10. He also is a member of the FWAA and has been covering college sports since 2011. Andy is an avid soccer fan and runs the Celtic FC site The Celtic Bhoys. If he's not writing about sports, you can find him enjoying them in front of the TV with a good beer!