JPMorgan Chase and at least four other banks have become the latest targets...

By Lilly Chapa
08/28/2014

JPMorgan Chase and at least four other banks have become the latest targets of hackers in what security experts described as a series of coordinated attacks this month, according to The New York Times. Gigabytes of data, including checking and savings account information, were compromised. The intrusions are potentially the work of Russian cyber criminals in response to economic sanctions placed on the country, but it is too early to tell. “Companies of our size unfortunately experience cyber attacks nearly every day,” a JPMorgan spokeswoman said. “We have multiple layers of defense to counteract any threats and constantly monitor fraud levels.”
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