JPMorgan Chase Says More Than 76 Million Accounts Compromised in Cyberattack

New York Times ^ | 10-2-14 | JESSICA SILVER-GREENBERG and MATTHEW GOLDSTEIN

[dynachrome]

A cyber attack this summer on JPMorgan Chase compromised more than 76 million household accounts and seven million small-business accounts, making it among the largest corporate hacks ever discovered.

The latest revelations, which were disclosed in a regulatory filing on Thursday, vastly dwarf earlier estimates that hackers had gained access to roughly one million customer accounts.

The new details about the extent of the hack — which began in June but was not discovered until July — sent JPMorgan scrambling for the second time in just three months to contain the fallout.

[dynachrome]

Heads up. 76 million. yikes.

[illiac]

Not to worry.

That number will fall dramatically as soon as Obola completes the economic recovery and not one has anything to use a bank for....

[Buckeye McFrog]

making it among the largest corporate hacks ever discovered

Bigger than Boehner or Hillary?

[Resettozero]

Bigger than Boehner or Hillary?

No. But it's Holder's first assignment at Chase to fix this.

[gop4lyf]

Maybe they’ll mark my mortgage as paid in full.

[17th Miss Regt]

In Holder’s twisted mind, “fixing it” involves bribing someone.

[Slump Tester]

According to a friend who works at Chase, this article (or another one like it) was retracted.

[pieceofthepuzzle]

If this is happening to banking and finance, you know it is also happening at the Pentagon and other avenues of our military and government. You just know. It also makes you very, very nervous about electronic voting. I say, paper ballots only, with 100 citizens from each political party present for each 10,000 votes counted - and the whole thing recorded on video. That's just for starters.

Next, I would make ‘hacking’ a crime equivalent to any other type of spying, and thus susceptible to the same degree of punishment.

Finally, I would make every company who has your personal information liable to big-time (i.e. billions of dollars of compensation) class-action lawsuits from everyone whose personal information was compromised. This would make them a bit more careful about how they handled that information, and how much money they were willing to spend on encryption etc.

[dynachrome]

At the end of the article. Not really a retraction, just saying it is not a new breach

“Correction: October 2, 2014
An earlier version of the headline with this article misstated the extent of the cybersecurity issues at JPMorgan Chase. While the bank found evidence of previously unknown hacking, it says the latest discovery does not constitute a breach separate from an earlier one.”

[KoRn]

Wow... This is a BANK too! (where the money is)

Not like breaching a Target or Home Depot.

Considering all of these data breaches, combined with near nonexistent interest rates, one would be better off just keeping their money in a big fireproof safe, or perhaps converting to PHYSICAL Gold.

[hadaclueonce]

No worry, dearleader has it under control.

He showed them his nobel peace prize and gave them an Ipod.

All be cool.

[hadaclueonce]

MF!

[grania]

Is that what happened to the interest on my savings? (sarcasm)

[DonaldC]

Don’t have anything accessible one way or another on the internet you intend to keep private.

[catnipman]

“In the filing, JPMorgan said there was no evidence that account information, including passwords or Social Security numbers, were taken.”

Bet there’s no evidence that they WEREN’T taken either!

[Dalberg-Acton]

I used my Chase card at Home Depot. Now the hackers can fight it out.

[evaporation-plus]

Maybe they’ll mark my mortgage as paid in full.

Or maybe they'll steal my car loan.

[bgill]

JPM = Soros