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FBI Said to Examine Whether Russia Tied to JPMorgan Hacking

Posted on August 27, 2014 by Dissent

Michael Riley and Jordan Robertson report:

Russian hackers attacked the U.S. financial system in mid-August, infiltrating and stealing data from JPMorgan Chase & Co. (JPM) and at least one other bank, an incident the FBI is investigating as a possible retaliation for government-sponsored sanctions, according to two people familiar with the probe.

The attack resulted in the loss of gigabytes of sensitive data and authorities are investigating whether recent infiltrations of major European banks using a similar vulnerability are also linked to the attack, one of the people said.

Read more on Bloomberg.

Category: Financial SectorHack

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