Russian state sponsored computer hackers may have recently gained access to JPMorgan Chase & Co. (NYSE:JPM) and stolen sensitive data, Bloomberg is reporting. Citing multiple people familiar with the investigation, the hacking incident is being considered in the context of potential diplomatic and military tensions between the US and Russia and the FBI and NSA are both involved in probing the incident. Russian hackers get their hands on JPMorgan’s sensitive data Several gigabytes of sensitive data was lost, thought to include private information on employees and customers. The report noted attacks on the U.S. financial sector from Russia and Eastern Europe…
JPMorgan Apparent Target Of Russian Computer Hackers
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.