JPMorgan is hiring data scientists to spy on employee email

[think]

JPMorgan is hiring data scientists to spy on employee email

By JONATHAN MARINO - Aug. 19, 2015, 10:52 AM


JPMorgan is about to start analyzing employees' communications.

The giant bank has recently posted job adverts for data scientists that will "be responsible for the overall development of data models using algorithms for pattern detection in electronic communications."

The new team will sit within the bank's intelligent solutions unit, which was set up to transform "JPMC data assets to create and commercialize information and solutions that enable consumers, businesses and governments to make better decisions and achieve their objectives."

~Snip~

And JPMorgan isn't the only bank looking to crack down on risky behavior before it turns into a massive scandal or a fine.

Goldman Sachs also recently posted a data scientist job opening seeking to "identify potential risk behaviors that may not be accounted for within our current surveillance framework."

Read more: http://www.businessinsider.com/jpmorgan-is-about-to-start-mining-employees-emails-for-patterns-2015-8#ixzz3jNTFX0Vv

[MADem]

1. Why would anyone think they have a right to privacy on their EMPLOYER's email server?

I was not shocked, but really, more EXASPERATED when I read that some of the hacked Ashley Madison accounts had .gov and .mil email addresses. Are people really that STUPID?

I used to think I was coloring outside the lines when I """"read"""" DU from a government owned computer. Back in the early days, I never posted, I was always at work, and I wasn't going to use a government computer to comment on anything--to quote Dumbya's deddy, "It wouldn't be prudent."

I am shocked it has taken this 'giant bank' this long to do this. Really, if people want to screw off at work, that's what a personal iPad or iPhone is for. That capability wasn't readily available in the nineties and two thousands, but it is now. Just the whole "sharing inappropriate jokes" schtick can get people into hot water--for sending the jokes, or even for opening the email.

[restorefreedom]

2. i agree with #1

and i even think marino's use of the word "spy" is over the top. other than bathroom and meal breaks, i would never assume anything is i do is private on company time or company computers. they are paying me to use my skills for the organization. they have a right to tell me what they want done and to monitor me as they see fit.

[Maedhros]

3. There is justification for this.

Banks are required to safeguard customer data, and monitoring employee email communications is necessary to detect the movement of sensitive data out of the bank - either inadvertently or as part of a fraudulent enterprise.