Chris Dolmetsch reports:
A group of U.S. attorneys general want more information from JPMorgan Chase & Co. (JPM)about the extent of a data breach that jeopardized millions of customer accounts amid a national focus on consumer cybersecurity.
The request comes as President Barack Obama on Jan. 13 called for new laws requiring companies to disclose instances when they’ve been hacked and preventing companies from profiting from student data. Obama’s proposal followed breaches at Sony Corp.’s entertainment unit and Target Corp.
The group of 19 attorneys general are seeking more information by Jan. 23, including a full timeline of events that led to discovery of the breach, “any vulnerability exploited in connection” and the company’s efforts to probe and mitigate the damages, according to a letter dated Jan. 8, which was obtained by Bloomberg News.
Read more on Bloomberg.