JPMorgan Chase cyber attack hits 76m households

FINANCIAL TIMES: JPMorgan Chase said the names, addresses, telephone numbers and emails of 76m households – or just under two-thirds of the total households in America – were “compromised” in a cyber attack on the biggest US bank by assets.

The bank said in a regulatory filing on Thursday that there was “no evidence that account information for such affected customers”, such as account numbers, dates of birth and social security numbers, were accessed…

The financial sector is a main target for cyber criminals, whether they are seeking to make a profit from customer data or confidential information about dealmaking, or are “hacktivists” or nation states wishing to make a political point. But the banks are also some of the best protected companies against cyber crime, with large numbers of security staff and customised software that many other companies cannot afford… (more)

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