Russian Hackers Said To Have Targeted JPMorgan Chase and Four [...]

📅 August 28, 2014 - A number of banks including JPMorgan Chase & Co. have been the target of a cyber attack believed to be the work of Russian state-sponsored hackers.

According to Bloomberg, the hackers infiltrated the banks systems by using a zero-day flaw, allowing them the ability to remotely control the systems, noting that attack appeared to be “far beyond the capability of ordinary criminal hackers.”

The data breach resulted in the loss of customer's gigabytes of data, checking and saving account information, and sensitive information from employee's computers.

JPMorgan spokesman Brian Marchiony did not specifically comment on the attack but did say that “companies of our size unfortunately experience cyber attacks nearly every day. We have multiple, layers of defense to counteract any threats and constantly monitor fraud levels.”

The FBI is currently investigating the data breach to determine if it was caused due to the U.S. sanctions against the Russian government.