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posted by LaminatorX on Friday October 03 2014, @04:39AM   Printer-friendly
from the IP-Freely dept.

The NYT (which isn't paywalled for me...) has one of many articles on a recent regulatory report filed by JP Morgan— http://dealbook.nytimes.com/2014/10/02/jpmorgan-discovers-further-cyber-security-issues/?_php=true&_type=blogs&_r=0

...compromised the accounts of 76 million households and seven million small businesses...

Interestingly, they haven't found any signs of stolen money... yet —

Hackers drilled deep into the bank’s vast computer systems, reaching more than 90 servers, the people with knowledge of the investigation said. As they analyze the contours of the breach, investigators in law enforcement remain puzzled, partly because there is no evidence that the attackers looted any money from customer accounts.

That lack of any apparent profit motive has generated speculation among the law enforcement officials and security experts that the hackers, which some thought to be from Southern Europe, may have been sponsored by elements of the Russian government, the people with knowledge of the investigation said.

By the time the bank’s security team discovered the breach in late July, hackers had already obtained the highest level of administrative privilege to dozens of the bank’s computer servers, according to the people with knowledge of the investigation. It is still unclear how hackers managed to gain such deep access.

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  • (Score: 1, Interesting) by Anonymous Coward on Friday October 03 2014, @04:44AM

    by Anonymous Coward on Friday October 03 2014, @04:44AM (#101268)

    maybe the chinese government was just testing to make sure the company they probably own a significant chunk of is taking care of security

  • (Score: 3, Interesting) by anubi on Friday October 03 2014, @05:53AM

    by anubi (2828) on Friday October 03 2014, @05:53AM (#101280) Journal

    What the entities are after are thousands of names, account numbers, credentials, whatever, that can be aggregated, like nuclear material, to be unleashed in one fell swoop to cause a lot of confusion to the target country at a planned time. It is my belief that several foreign agencies are stockpiling databases just as they would stockpile any other munition. For instance, imagine the confusion that would result if hundreds of thousands of people had bogus tax returns and financial transactions initiated with their credentials. It would be far more effective than knocking down a few buildings. No one could know for certain who owed anybody what.

    Its not that they aren't gonna feed Vaal. [startrek.com] No... they they will poison Vaal.

    Our whole system is based on the 1%'ers subjugating the populace though debt, and once that debt - all kept in computers - is poisoned, there will be little that can be done to enforce collections of that which cannot be proven to exist.

    The populace will not even be mad at the ones that pulled it off... matter of fact, I suppose many will be full of gratitude.

    --
    "Prove all things; hold fast that which is good." [KJV: I Thessalonians 5:21]
  • (Score: 2, Insightful) by Anonymous Coward on Friday October 03 2014, @05:59AM

    by Anonymous Coward on Friday October 03 2014, @05:59AM (#101281)

    Anywho I won't be reading that then...

  • (Score: 3, Interesting) by GreatAuntAnesthesia on Friday October 03 2014, @08:25AM

    by GreatAuntAnesthesia (3275) on Friday October 03 2014, @08:25AM (#101311) Journal

    > puzzled, partly because there is no evidence that the attackers looted any money from customer accounts.

    Perhaps they were just curious and wanted to poke around, but weren't particularly interested in stealing. Possibly on the autism spectrum somewhere. Like that guy who the americans wanted to crucify for poking around in their (poorly secured) military servers looking for evidence of Roswell aliens.

  • (Score: 2, Interesting) by Anonymous Coward on Friday October 03 2014, @03:15PM

    by Anonymous Coward on Friday October 03 2014, @03:15PM (#101411)

    Just stop. Stop blaming random-ass country that you don't like. If you don't actually arrest or trace activities to some specific building in China, you don't randomly accuse people of random things. For example, how do we know this was not the Mafia? Or maybe even NSA - oh right, they already have 100% access to this data.

    As to the purpose? Maybe the purpose was not achieved because they never reached the systems they wanted to reach.

    It's speculation on speculation on speculation. Might as well speculate why aliens were not yet found by SETI.

    If "the Russians" wanted to infiltrate something as large as JPM, they probably already have. Via some specialist agent(s) working "for" that company.