FBI investigating a series of cyberattacks on financial institutions

JPMorgan Chase among those targeted

On Aug 28, it was revealed that Federal Bureau of Investigation (FBI) officials are investigating a series of major data breaches that targeted between four and five major U.S. financial institutions earlier in the month. Of the institutions affected, JPMorgan Chase is the only one to be identified as of yet, the extent of the damage is not currently clear.

While the source of the story was unable to make comments publicly, USA Today reports that those close to the investigation believe that Russian hackers may have been responsible for the breaches. What is known is that the breaches likely took place within the last month and may have been the manifestation of phishing attacks targeting financial employees.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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