4 ms·
JP Morgan got hit pretty hard. https://news.ycombinator.com/item?id=8403459 https://news.ycombinator.com/item?id=8403459
by briholt 12y ago
JP Morgan got hit pretty hard. https://news.ycombinator.com/item?id=8403459 https://news.ycombinator.com/item?id=8403459
- ufmace 12y agoHmm, looking at that, I'd say it more proves my point. At the top of their Wikipedia entry[0], it says that JPMorgan Chase has roughly 2.5 TRILLION in assets. According to this[1] site, 1.29 TRILLION in customer deposits. Hackers believed to be from Russia breached some of their systems and stole... drumroll please... customer names, addresses, phone numbers, and email addresses. There's stuff in there of value comparable to national economies, a mind-boggling amount of money, and they didn't get a penny of it. All they got was a glorified phone book. Apple can't seem to protect their Apple IDs or iCloud data from determined attackers. Amazon and GoDaddy have given over total control of user's accounts to pretty simple social engineering attacks, both giving the attackers the keys to the castle. None of these attackers seem to have much in the way of funding or organization, and the stolen data doesn't seem to monetize terribly well. Do you think these companies would be able to keep trillions of dollars of their customers' money safe from attackers? Chase seems to be able to. Maybe the tech companies should take a few lessons from them. [0] http://www.wikiwand.com/en/JPMorgan_Chase#/Financial_data http://www.wikiwand.com/en/JPMorgan_Chase#/Financial_data [1] http://www.marketwatch.com/investing/stock/jpm/financials/balance-sheet http://www.marketwatch.com/investing/stock/jpm/financials/ba...