Nick Kochan reports: Criminal gangs are plotting a $1 billion (£618 million) cyber-heist on global financial institutions, Europol has warned, as they ratchet up the pressure on banks reeling from the record-breaking hit on JPMorgan Chase. Secret listening on internet chatrooms by the European police investigative body has discovered planning by sophisticated Russian cyber-criminals aimed…
Category: Financial Sector
No indication of Russia’s involvement in JPM hack: Source
Eamon Javers reported this the other day, but I’m just catching up with it: There is no indication that Vladimir Putin, the Russian government or any foreign nation state was involved in the JPMorgan cyberattack this summer, a source familiar with the incident tells CNBC. There have been media reports speculating that the Russians may…
Fidelity hack points to JPMorgan link
Kara Scannell and Tom Braithwaite report: Fidelity Investments, one of the largest US mutual fund companies, was one of 13 financial institutions attacked by hackers, who are believed to be the same group that stole customer information from JPMorgan Chase, according to two people familiar with the matter. The breadth and sophistication of the attack…
Citigroup Said to Be Attacked by JPM Hackers
Michael Riley reports: Citigroup Inc. (C), E*Trade Financial Corp. (ETFC), Automatic Data Processing (ADP) Inc. and Regions Financial Corp. were attacked by the same hackers that breached JPMorgan Chase & Co. (JPM), according to a person familiar with the matter. At least one of those companies — E*Trade — was targeted last year and subsequently…
Vulnerable Disclosures obtains information on 10 banks breached
Vulnerable Disclosures – a blog that seems to be re-posting some of my work from here and from PHIprivacy.net without any permission or even attribution – posted this: Russian hackers have posted information on 10 US banks that have been breached in the past week and a half and are threatening to post additional information. Vulnerable Disclosures…
J.P. Morgan won’t notify customers affected by breach
Priya Anand reports: J.P. Morgan Chase won’t notify those customers who have been affected by its summer security breach — estimated to be two-thirds of U.S. households — that their personal information was exposed, a spokesperson for the bank told MarketWatch. When asked why, the spokesperson said, “That’s just what we’re doing.” The nation’s largest bank…