Boston, MA 08/28/2014 (wallstreetpr) – According to reports, JPMorgan Chase & Co. (NYSE:JPM) and four other major banks were attacked by the hackers with an objective to steal important customer information. A U.S. official said that last month had been very difficult for the security agencies and concerned government departments as JPM, and at least four other banks were attacked by hackers. It could have gone worse had the government would have ignored it.
What could be the motive behind it:
The main objective of this attack was but to steal information about bank accounts and cards. Two officials who disclosed this information refused to disclose their name as the investigation was not over. Hackers tried to attack employees’ and customers’ information to steal their account information and other sensitive data. Several people who were active in this investigation said that this hacking attack involved gigabytes of data. As per the reports, it can be an attempt of financial fraud.
In today’s time it is very difficult for hackers to steal data from banks’ systems due to hyperactive technology; therefore, it could be the case in which personal computer of any customer was used. There are various rumors in the market, according to one such rumor it can be Russia’s attack on US financial system. FBI has not denied the possibility of involvement of Russian hackers in stealing JPMorgan Chase & Co. (NYSE:JPM) and one other retail bank’s personal information. “US and Russia had a cold war recently over the Ukraine issue, so it can be a case”, said one of the FBI officials.
When reporters tried to get in touch with JPMorgan Chase & Co. (NYSE:JPM) management over this issue, it declined to comment whether it was a hacking attempt or not. Although the management said that JPM had very strong security system to fend off data thefts. Patricia Wexler, Spokeswoman of JPMorgan Chase & Co. (NYSE:JPM) said, “Companies of JPM’s size face cyber attacks every now and then.”
