Just When You Thought The Data Breach Tide Was Receding…

 

The New York Times revealed last week that, in mid-August, at least five American banks (including JPMorgan Chase & Co.) were hit by a wave of cyberattacks that stole gigabytes of information such as savings and checking account details. JPMorgan said it hadn’t noticed any increased fraud activity in the weeks since the breach, leading the FBI to speculate that the move could be politically motivated and possibly linked to recent economic sanctions against Russia.