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JPMorgan Hackers Said to Probe 13 Financial Firms

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The hackers who raided the data banks of JPMorgan Chase & Co. used computers now linked to possible attacks on at least 13 more financial companies, Bloomberg News reported yesterday. More than a month after the JPMorgan hack was made public, it’s now clear that the perpetrators had attempted a broad campaign aimed at a payroll-servicing company, a popular stock brokerage and some of the world’s biggest banks. The depth of the JPMorgan breach and the scope of the intended targets have sent a shudder through Wall Street, even if the attackers had mixed success. The group set its sights on companies including Citigroup Inc., HSBC Holdings Plc, E*Trade Financial Corp., Regions Financial Corp. and Automatic Data Processing Inc., the payroll firm. U.S. intelligence agencies, attorneys general from at least two states, as well as federal prosecutors including from New York are conducting their own investigations, reflecting the urgent concern around the JPMorgan breach, worries over the precise motive of the attack and its ripples throughout the financial system.
http://www.bloomberg.com/news/print/2014-10-09/jpmorgan-hackers-said-to…

For more on cybersecurity, do not miss former White House CIO Theresa Payton’s keynote at ABI’s Winter Leadership Conference. Register today!
http://www.abiworld.org/WLC14