Close X
Sunday, November 17, 2024
ADVT 
International

76 mn accounts hacked in August: JP Morgan Chase

Darpan News Desk IANS, 03 Oct, 2014 10:24 AM
  • 76 mn accounts hacked in August: JP Morgan Chase
US banking giant JP Morgan Chase has issued updated information about a cyber attack which it suffered in August and that approximately 76 million current accounts and seven million small enterprises were affected.
 
In an official document presented before the US Security and Exchange Commission Thursday, the bank specified the type of data that was breached in the attack on the web and mobile application of JP Morgan Chase & Co.
 
The information accessed by the hackers included names, addresses, telephone numbers and e-mail addresses of its clients, as well as internal information of the company.
 
However, the bank has not yet registered evidence of this data theft affecting the number of accounts, access codes, identity card numbers, dates of birth or social security numbers.
 
Although the investigations continue, the bank has not had any proof yet showing that a fraud related to this data theft has occurred, but they have been calling their clients to inform them if they face any irregularity.
 
"The company continues to monitor and control the situation and investigate the matter. Also, the bank is completely cooperating with all the investigative government agencies," the document said.
 
JP Morgan Chase was one of the five American entities victimised by an attack, the purpose of which is still unknown and which remains subject to a thorough investigation.
 
The Federal Bureau of Investigation has been trying to determine the origin of such a sophisticated cyber attack and if the motive was economic or part of an intelligence operation.
 
"Companies of our size unfortunately experience cyber attacks nearly everyday. We have multiple layers of defence to counteract any threats and constantly monitor fraud levels," said Patricia Wexler, JP Morgan spokesperson.
 
The American banking sector has been a target of frequent hacking in the last few years, and most of the attacks had an economic motive. That is why this case, which does not seem to be of the same profile, has caused special concern to the authorities.

MORE International ARTICLES

Gambler Sues Las Vegas Casino for Letting Him Play Drunk

Gambler Sues Las Vegas Casino for Letting Him Play Drunk
Mark Johnston, will be taking legal action against Downtown Grand for lending him $500,000 and serving him drinks when he was visibly intoxicated. The 52-year-old is arguing that he should not be paying the debt as he was blackout drunk.

Gambler Sues Las Vegas Casino for Letting Him Play Drunk

Russia slams US for double standards over Ukraine

Russia slams US for double standards over Ukraine
Russia Thursday accused the US of applying double standards to Moscow's assertions about the developments in Ukraine

Russia slams US for double standards over Ukraine

US Inflicts Visa Restrictions and Property Ban Over Ukraine

US Inflicts Visa Restrictions and Property Ban Over Ukraine
Ukraine is catching much attention in world politics after the recent turmoil deepened in the country. Latest reports from the scene state that US is imposing visa restrictions and moving to freeze US assets of those involved in Russia's move on Ukraine.

US Inflicts Visa Restrictions and Property Ban Over Ukraine

An Indian hand in Saudi Arabia-Iran reconciliation?

An Indian hand in Saudi Arabia-Iran reconciliation?
Are regional rivals Iran and Saudi Arabia heading for a rapprochement? Is there an Indian hand in this? Talk on the possible development in the Gulf swirled in the diplomatic and strategic circles as India played host to Crown Prince Salman bin Abdulaziz of Saudi Arabia

An Indian hand in Saudi Arabia-Iran reconciliation?

'Saudi economy is dependent on Indian workers'

'Saudi economy is dependent on Indian workers'
On Saudi Arabia's new "Nitaqat" labour policy that saw some 140,000 Indian expatriates returning home, Almunajjed said only those working illegally were affected.

'Saudi economy is dependent on Indian workers'

US College Board announces SAT overhaul

US College Board announces SAT overhaul
Creators of the US college entrance examination SAT have announced an overhaul of the test, eliminating mandatory essays, ending penalty for guessing wrong and cutting obscure vocabulary words.

US College Board announces SAT overhaul