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Hackers’ Attack Cracked 10 Financial Firms in Major Assault

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~~~~TheInternationalNewYorkTimes1
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The huge cyberattack on JPMorgan Chase that touched more than 83 million households and businesses was one of the most serious computer intrusions into an American corporation. But it could have been much worse.

Questions over who the hackers are and the approach of their attack concern government and industry officials. Also troubling is that about nine other financial institutions — a number that has not been previously reported — were also infiltrated by the same group of overseas hackers, according to people briefed on the matter. The hackers are thought to be operating from Russia and appear to have at least loose connections with officials of the Russian government, the people briefed on the matter said.

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!!!!!ChaseHacked1Click link ‘Ways to Protect Yourself After the JPMorgan Hacking’ in article for useful info.
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U.S. Said to Plan to Arrest Pair in Big Bank Loss

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~~~~TheNewYorkTimesDealB%k1
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Government authorities are planning to arrest two former JPMorgan Chase employees suspected of masking the size of a multibillion-dollar trading loss, a dramatic turn in a case that tarnished the reputation of the nation’s biggest bank and spotlighted the perils of Wall Street risk-taking.The former employees, who worked in London, could be arrested in the coming days, according to people briefed on the matter. The action, the people said, would involve criminal fraud charges.

The employees — Javier Martin-Artajo, a manager who oversaw the trading strategy, and Julien Grout, a low-level trader in London — could ultimately be extradited under an agreement with British authorities. Yet the people briefed on the matter, who spoke on the condition of anonymity, cautioned that it is unclear whether British authorities will be able to locate the men, who are natives of other European countries.

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Cybercriminals Hacked 15 Financial Firms for $15 Million Over 2 Years

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~~~~DailyFinance1 (BigBlue)

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At least $15 million was stolen via online infiltration of 15 financial companies — including JPMorgan Chase (JPM), Citigroup (C), E*Trade (ETFC), PayPal (EBAY), TIAA-CREF, and TD Ameritrade (AMTD) — overly a nearly two-year period. The perpetrators of the scheme were a group of hackers and identity thieves led by two Ukrainian nationals, according to authorities. Eight men have been charged, and four are in custody, the LA Times reports.

“Cybercriminals penetrated some of our most trusted financial institutions as part of a global scheme that stole money and identities from people in the United States,” said New Jersey U.S. Attorney Paul J. Fishman in a statement. The criminal complaint against the men alleges that they moved money from online accounts onto prepaid debit cards, then used the cards to withdraw cash from ATMs or make purchases throughout the United States. According to the LA Times, “Much of the money that was cashed out was wired to the two leaders.”

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http://www.dailyfinance.com/on/cybercriminals-hack-banks-15-million-dollars/

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