Menu
FBI, Secret Service studying 'scope' of reported bank cyberattacks

FBI, Secret Service studying 'scope' of reported bank cyberattacks

The attacks are believed to have affected at least five US financial institutions

A U.S. Federal Bureau of Investigation spokesman said Wednesday the agency is working with the Secret Service to determine the "scope" of reported cyberattacks against several financial institutions.

Bloomberg reported on Wednesday that Russian hackers struck JPMorgan Chase and another bank earlier this month. A subsequent report in the New York Times said the attacks hit JPMorgan Chase and four other U.S. financial institutions.

The Times reported that "gigabytes" of information were stolen, including customer account information.

A JPMorgan Chase spokeswoman did not confirm the attacks, saying that "companies of our size unfortunately experience cyberattacks nearly every day. We have multiple layers of defense to counteract any threats and constantly monitor fraud levels."

Representatives for Wells Fargo, Bank of America and Citigroup -- also frequent targets for hackers -- could not be immediately reached for comment.

FBI spokesman Paul Bresson said via email that combating cyber threats is a top priority for the government, and the agency constantly works with U.S. companies to fight attacks.

Media reports speculated the attacks could be in retaliation due to sanctions against Russia for its actions in Ukraine, but the motives remain unclear.

Quoting an anonymous source, Bloomberg wrote that one of the attacks was executed via a zero-day vulnerability in one of the bank's websites. A zero-day flaw is one that attackers are exploiting but for which there is no fix.

Send news tips and comments to jeremy_kirk@idg.com. Follow me on Twitter: @jeremy_kirk


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags securityU.S. Federal Bureau of InvestigationU.S. Secret ServiceJPMorgan Chase

Featured

Slideshows

Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Show Comments