Thursday, October 2, 2014

JPMorgan and Chase High-Profile Security Breach

Millions of Americans trust Chase to secure their money and financial information as Chase is one of the most powerful banks the United States has to offer to it's citizens. However, last June hackers were able to penetrate the defense systems Chase has up to protect their clients from these thieves. Chase did not realize they were hacked until June, a full month after the hackers had access. By this time, the hackers had gained access to the highest clearance to over 90 different servers. This means that the hackers had access to over 76 million accounts including extremely private information such as social security numbers.
The strangest part is, Chase says there has been no evidence to suggest that the hackers had stole anything. Perhaps if the hackers were clever enough to indeed get into Chase's systems, they were smart enough to not leave a digital finger print. However, as of now it seems they hacked the system just to hack it. Obviously such a crime is to be taken extremely seriously even though nothing was believed to be stolen, which is why the FBI has gotten involved as this a major federal crime. Also, The Federal Reserve has been on guard in case the hackers are bold enough to try and go after them. Rumors are circling that the hackers were hired by Russia or another country in perhaps southern Europe, and although their is no concrete evidence to support this, it is a very scary possibility. Perhaps Thoreau was right when he wanted to leave society and go back to nature, as this is another clear example as how technology can deeply affect our lives for the better and unfortunately the worse as seen here. Hopefully the criminals are apprehended, and no person was seriously affected by this troubling crime.

2 comments:

  1. Laith,
    I believe that this is a topic that has not received enough attention. Who knows what those hackers can access now if they were able to pass by one of America's largest banks? I do think that they were hired by another country, because it probably took many resources to accomplish such a task. If they were Americans, it is a shame that they betrayed their country. I agree with you reference to Thoreau; these are the events that really make us wonder why we live in this society.

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  2. Laith,
    I agree with Laird that this topic has not received enough attention, as never hearing until this point about one of the largest banks in the U.S being hacked. The possibilities of who was behind this are endless but the idea of it possibly being another nation is rather frightening.

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