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JPMorgan Password Leads Hackers to 76 Million Households

Hackers exploited an employee password to crack a JPMorgan Chase & Co. (JPM) server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million small businesses.

JPMorgan, the largest U.S. bank, outlined the scope of the previously disclosed breach yesterday, reassuring clients there’s still no evidence account numbers and passwords were compromised, even as names and contact data were exposed. People who logged on to certain websites or mobile apps had contact information stolen, the New York-based company said.

The bank has been struggling to head off damage since the incident, first reported by Bloomberg News in August. New details on how attackers accomplished the feat over months, including their initial entry, were provided by two people briefed on the investigation, who requested anonymity because it’s private. JPMorgan said the threat now is phishing, in which criminals try to trick people into handing over more valuable data, such as user IDs and passwords. More...

10-03-2014 17:22