JP Morgan Server Breached for Data of Millions of Homes and Businesses

By on October 3, 2014

JP Morgan Chase & Co. (JPM) disclosed that hackers gained access to data of 76 million households and 7 million businesses through Chase.com, JPMorganOnline.com and the mobile apps that support those websites.

Although JP Morgan admits that names and contact data were exposed, the bank claims that there is no evidence that account numbers and passwords were compromised.  “There’s no evidence that account information — things like accounts numbers, passwords, log-in IDs — were accessed, viewed or acquired,” stated JP Morgan spokeswoman Patricia Wexler.

The bank now predicts that the cybercriminals will next engage in phishing try to deceive people into providing additional data including user IDs and passwords.  “If they find the CEO of a company, they know this person’s worth a lot of money, they would try to attack that person,” advised Jeff Tjiputra, program chairman for Cybersecurity at the University of Maryland University College.

“The data breach at JPMorgan Chase is yet another example of how Americans’ most sensitive personal information is in danger,” said U.S. Senator Edward Markey of Massachusetts.

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