Back in October, I wrote about JP Morgan getting breached, and 76 million households and 7 million small businesses were affected. (83 Million in total)
Most big banks use two-factor authentication, which requires a second one-time password to gain access to a protected system. But JPMorgan’s security team had apparently neglected to upgrade one of its network servers which left the bank vulnerable to intrusion.
JPMorgan Chase admitted in September that the names, addresses, phone numbers and e-mail addresses of 83 million account holders had been exposed in one one of the biggest data security breaches in history. 76 million of those, along with seven million small biz customers, had their private information publicly exposed as a result of the breach, which was rumoured to be the handiwork of Russian cyber-criminals.
