JP Morgan Chase Breach Compromised Data of 76 Million Households
JakartaDean writes with news that the cyberattack on J.P. Morgan Chase this summer resulted in stolen information on 76 million households and 7 million businesses. The compromised data included names, email addresses, phone numbers, and addresses. The bank said the attackers were unable to gather account numbers, social security numbers, or passwords.
The hackers appeared to have obtained a list of the applications and programs that run on JPMorgan's computers — a road map of sorts — which they could crosscheck with known vulnerabilities in each program and web application, in search of an entry point back into the bank's systems, according to several people with knowledge of the results of the bank's forensics investigation, all of whom spoke on the condition of anonymity. ... Even if no customer financial information was taken, the apparent breadth and depth of the JPMorgan attack shows how vulnerable Wall Street institutions are to cybercrime.
To Big To Be Accountable
Politics; n. : A religion whereby man is god.
I have worked with JPMC several times, and can tell you you are way off base. They spend an ENORMOUS amount of money on IT and especially security.
No system is perfect. Given enough incentive, anything can be broken. And, make no mistake, there is a TON of incentive to successfully breach a banking system. In fact, it would seem that the fact all they got was names, etc, and not banking details, shows that there systems are not near as weak as you think.