Jordan Robertson and Michael Riley report: Hackers burrowed into the databanks of JPMorgan Chase & Co. (JPM) and deftly dodged one of the world’s largest arrays of sophisticated detection systems for months. The attack, an outline of which was provided by two people familiar with the firm’s investigation, started in June at the digital equivalent…
Category: Financial Sector
FBI investigating hacking attack on JPMorgan
The more that comes out, the worse this sounds. Now it’s seven banks and it sounds like the hackers were able to burrow in deep. Matt Egan, Jose Pagliery and Evan Perez report: The FBI is investigating hacking attacks on 7 of the top 15 banks, including one against JPMorgan Chase, according to someone with…
FBI Said to Examine Whether Russia Tied to JPMorgan Hacking
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…
UK: Customer data loss soars at financial firms
Tessa Norman reports: The number of customer data loss incidents reported to the FCA [Financial Conduct Authority] has increased significantly in the past year. A Freedom of Information request published by the FCA shows that in 2013, the regulator was notified of 13 incidents where firms have lost customer data or had it stolen. Some…
UK: Birmingham banker fined for reading colleagues’ bank accounts
From the Information Commissioner’s Office: A Birmingham banker has been fined after he admitted reading his colleagues bank accounts. Dalvinder Singh, 29, from Yardley, Birmingham, worked in Santander UK’s suspicious activity reporting unit at their Leicester office. His role investigating allegations of money laundering meant he was able to view customer accounts. But he used…
KPCB notifies employees and partners of laptop theft
Kleiner Perkins Caufield & Byers is a venture capital firm located in Menlo, California. Over the weekend of July 19-20, their building and office security were circumvented and several laptops were stolen. Two of the laptops were used by personnel in their finance department and contained employees’ and partners’ names, contact information, Social Security numbers and…