Hang the bankers
U.S. and Israeli authorities arrested four people in Israel and Florida on Tuesday in connection with several fraud schemes tied to last summer’s massive data breach at JPMorgan Chase & Co, according to news reports.
The hacking of JPMorgan’s computers compromised information in 83 million household and small business accounts, making it one of the largest such breaches in history.
Federal prosecutors in New York confirmed the four arrests but did not mention the breach, and charging documents unsealed on Tuesday did not refer to the hack. Bloomberg was the first news outlet to report the connection.
The New York Times reported that federal authorities had identified some of the JPMorgan hackers because the attack was relatively unsophisticated but authorities were unable to collect enough evidence to charge anyone with the breach itself.
Read more
U.S. and Israeli authorities arrested four people in Israel and Florida on Tuesday in connection with several fraud schemes tied to last summer’s massive data breach at JPMorgan Chase & Co, according to news reports.
The hacking of JPMorgan’s computers compromised information in 83 million household and small business accounts, making it one of the largest such breaches in history.
Federal prosecutors in New York confirmed the four arrests but did not mention the breach, and charging documents unsealed on Tuesday did not refer to the hack. Bloomberg was the first news outlet to report the connection.
The New York Times reported that federal authorities had identified some of the JPMorgan hackers because the attack was relatively unsophisticated but authorities were unable to collect enough evidence to charge anyone with the breach itself.
Read more
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