Latest in Bank

Image credit:

JPMorgan and other US banks reportedly hit by cyberattack

Share
Tweet
Share
Save

Sponsored Links

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 the US government. At the moment, it is unknown which other banks were affected by this, but the FBI has already opened an investigation and is currently working to find out more details. "[We are] working with the United States Secret Service to determine the scope of recently reported cyberattacks against several American financial institutions," said the FBI in a statement. Meanwhile, a different report from CNN Money notes that seven of the "top" 15 banks were on the wrong end of these attacks, per people familiar with the matter -- though such information has not been corroborated by US officials.

"Companies our size unfortunately experience cyberattacks nearly every day. We have multiple layers of defense to counteract any threats and constantly monitor fraud levels," explained a JPMorgan spokesperson, adding that the bank hasn't yet detected any sort of unusual fraud activity. Regardless, there are still a lot of unanswered questions right now, but we'll keep you updated as additional details come to light.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Fitbit is reportedly in the early stages of exploring a sale

Fitbit is reportedly in the early stages of exploring a sale

View
Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

View
Three Mile Island's infamous nuclear plant shuts down after 45 years

Three Mile Island's infamous nuclear plant shuts down after 45 years

View
Samsung asks users to be extra careful with the Galaxy Fold

Samsung asks users to be extra careful with the Galaxy Fold

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr