FBI

FBI probing cyberattacks against JP Morgan Chase and other financial giants



The FBI said it's working with the Secret Service to determine the scope of recently reported cyberattacks against several US financial institutions. 

A report on Bloomberg.com said that the FBI is investigating an incident in which Russian hackers attacked the US financial system this month in possible retaliation against US government-sponsored sanctions aimed at Russia. 

The attack, Bloomberg said, led to the loss of sensitive data. Bloomberg cited security experts saying that the attack appeared "far beyond the capability of ordinary criminal hackers." 

The New York Times, citing people familiar with the matter, said JPMorgan Chase and at least four other firms were hit this month by coordinated attacks that siphoned off huge amounts of data, including checking and savings account information. 

JPMorgan spokeswoman Trish Wexler said large companies experience cyberattacks nearly every day. 

"We have multiple layers of defense to counteract any threats and constantly monitor fraud levels," said Wexler, who did not confirm the reports. 

The Wall Street Journal cited unnamed sources in a report that called the attacks a "significant breach of corporate computer security." 

JPMorgan is the largest US bank by assets. 

The FBI said in a statement that combating cyberthreats and criminals remains a top priority for the US government and that it's "constantly working with American companies to fight cyberattacks."