Security Breaches in Computer Systems of US Banks and Department Stores

Katie Benner writesL

Was Round 1 only a set-up? Photographer: Ron Antonelli/Bloomberg

When hackers broke into JPMorgan Chase’s computer systems they nabbed name and contact information for 83 million households and small-business account.

But it seems like they didn’t take more sensitive data like account numbers, passwords and Social Security numbers, the stuff that someone can use to steal your money or your identity. The bank says that the breach hasn’t given way to an uptick in fraudulent activity.

This sounds like very good news — burglars entered, looked around, took some family photos and left the cash and jewelry behind.

Unfortunately that’s not quite how cyber breaches work. Talk to enough people in the security field and you’ll hear some version of this story: Once the attackers knew they had been discovered, they went into hibernation for months or a year and then they started moving around and doing damage. It’s more like the robbers hid when the cops arrived, only to emerge months later when you thought they were all gone.

Is the US ready for a series of re-breaches of seurity next year?

Security Breaches

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.