JPMorgan and Other Banks Struck by Cyberattack.
Source: nyt
A number of United States banks, including JPMorgan Chase and at least four other firms, were struck by hackers in a series of coordinated attacks this month, according to four people familiar with a developing investigation into the incidents.
The hackers infiltrated the networks of the banks, siphoning off gigabytes of data, including checking and savings account information, in what security experts described as a sophisticated cyberattack.
The motivation and origin of the attacks are not yet clear, according to investigators. The F.B.I. is involved in the investigation, and in the past few weeks a number of security firms have been brought in to conduct forensic studies of the penetrated computer networks.
According to two other people briefed on the matter, hackers infiltrated the computer networks of some banks and stole checking and savings account information from clients. It was not clear whether the attacks were financially motivated, or were collecting intelligence as part of an espionage effort.
Read more: http://www.nytimes.com/2014/08/28/technology/hackers-target-banks-including-jpmorgan.html?hp&action=click&pgtype=Homepage&version=HpSum&module=first-column-region®ion=top-news&WT.nav=top-news
LovingA2andMI
(7,006 posts)Because banks should NOT be trusted....
underpants
(182,623 posts)Because that is where the money is
D'uh
I agree Loving.
They_Live
(3,224 posts)is on the case. Right? Just like all the other "security breaches" involving credit cards. Right?
L0oniX
(31,493 posts)RoccoR5955
(12,471 posts)I don't think so. They can afford the security to prevent these types of attacks. We paid for it, when we bailed the bass turds out!
So cut me some slack, they should be investigated as to why there were not proper defenses against these type of attacks in the first place. Cyber attacks are not anything new. They have been going on for a long time, and it's not brain science or rocket surgery to figure out how to protect an enterprise sized operation from getting attacked.
They probably did not want to spend the money for the proper defenses.
I work in a small IT shop, and there are many attempts made every day, but none get through, because we SPENT MONEY to avert these attacks.