10 Financial Institutions Hit By Hackers


 

JP Morgan

 

Could it be retaliation for the sanctions America imposed on Russia this year? Is it because Russia aims to develop a new form of cyber attack against Americans? Whatever the case may be, JP Morgan Chase had 76 million accounts hacked, which is a tally that dwarfs previous estimates by the bank.

While the person’s responsible have been detained, Washington intelligence wonders if this means that their digital defenses aren’t enough to stop a hack. The breach set off alarms in all areas of the financial industry, as all attention has focused on the vulnerability of America’s digital vaults.


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