J.P. Morgan Chase & Co. revealed today that the breach of its computer systems was far more extensive than previously disclosed. ABC News reports
JPMorgan Says Data Breach Affected 76 Million Households.
JPMorgan Chase & Co. says that a recent cyberattack compromised customer information for about 76 million households and 7 million small businesses.
The New York-based bank said Thursday that customer information including names, addresses, phone numbers and email addresses were stolen in the cyberattack.
However, JPMorgan says there's no evidence that the data breach included customers' account numbers, passwords, Social Security numbers or dates of birth.
The lender says it has not any unusual customer fraud related to this data breach.
The New York Times supplies more information in, JPMorgan Chase Says More Than 76 Million Accounts Compromised in Cyberattack
As the severity of the hack became more clear in recent days and new information was unearthed, some top executives flew back to New York from Naples, Fla., where many had convened for a leadership conference, according to several people briefed on the matter.
Hackers were able to burrow deep into JPMorgan’s computer systems, accessing the accounts of more than 90 servers — a breach that underscores just how vulnerable the global financial system is to cybercrime. Until now, most of the largest hack attacks on corporations have been confined to retailers like Target and Home Depot.
And unlike those retailers, JPMorgan has far more sensitive financial information about customers. Investigators in law enforcement remain puzzled by the attack on the bank because there was no evidence that the attackers looted any customer money from accounts.
The lack of any apparent profit motive has generated speculation among law enforcement officials and security experts that the hackers were sponsored by foreign governments either in Russia or in southern Europe.
If major hacks like this keep occurring, it may raise doubts among the public about the security of our most important financial data. (Snark alert.)