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After months of investigation, law enforcement has nabbed suspects believed to be behind hacks at JPMorgan Chase and other big banks... and they're not quite the master criminals you might expect. Both the FBI and Israeli police have arrested four people for what now appears to be a classic "pump...

July 21st 2015 at 8:23pm 0 Comments
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Your parents might have told you that revenge solves nothing, but it's not clear that American banks have learned the same lesson. Bloomberg sources understand that the FBI is investigating whether or not US financial institutions hired hackers to conduct retaliatory hacks against Iran, crippling...

December 30th 2014 at 7:58pm 0 Comments
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The hackers that stole millions of depositors' contact info from JPMorgan Chase earlier this year didn't use any kind of sophisticated malware like the one that took down Sony Pictures' computers. No, they managed to steal people's info, because the bank failed to upgrade one of its servers with t...

December 23rd 2014 at 8:45am 0 Comments
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Two-factor authentication might be all the rage these days, but it sounds like there could be an even more secure way of protecting against fraud -- your voice. It's being employed by major banks including Wells-Fargo and JPMorgan Chase to weed out scammers who call financial institutions armed wi...

October 14th 2014 at 4:02am 0 Comments
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A Bloomberg report claims that JPMorgan Chase and "at least" four more banks in the US have been victims of a virtual attack from hackers. The data gathered from the breach could reportedly "be used to drain accounts," according to two Bloomberg sources who have been briefed on the situation by th...

August 28th 2014 at 4:44pm 0 Comments