Wall street Journal has the story behind their paywall.
In mid-June hackers attacked and gained access to servers and data.
2 months go by and JPMorgan defense does not know anything, the hackers steal 76 million accounts and use JP Morgan servers.
In mid August is when the cybersecurity teams actually find the problems and work on fixing the issues, trying to review what happened as well.
On 8/27 the Wall street journal wrote about the FBI investigation.
In September 11 JP Morgan states there is no “unusual activity”
yesterday JP Morgan said 76 mil households and 7 mil business information was compromised in the attack
Does this attack and response make you more or less concerned for cyber attacks?
Questions to be answered: How did the attackers gain access?
Why did it take 2.5 months to figure out what is happening?
What should be done in the future?
Well, it is my concerted effort to help companies test more, audit more often than it is currently being done.
Obviously many companies are not paying enough attention. I am trying to make this as simple as possible
this system is designed to be simple as possible because it is difficult.