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Browse: Home / 2014 / August / 29 / Why $250M didn’t protect JPMorgan from hackers – CBS News

Why $250M didn’t protect JPMorgan from hackers – CBS News

By Securities Docket on August 29, 2014, 10:14 am

JPMorgan reported to shareholders that it will have spent $250 million on cybersecurity by the end of 2014. It employs more than 1,000 people for these efforts, according to the annual shareholder letter from Chairman and CEO Jamie Dimon.

That makes this defeat particularly bitter.

via Why $250M didn’t protect JPMorgan from hackers – CBS News

Posted in Data Breach, Top | Tagged Banks

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