Saturday, September 5th5.9°C
27662

FBI says it's investigating reports of cyberattacks against US financial institutions

NEW YORK, N.Y. - The FBI said Wednesday it's working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.

A report on Bloomberg.com said Wednesday that the FBI is investigating an incident in which Russian hackers attacked the U.S financial system this month in possible retaliation against U.S. 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 co-ordinated 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 defence 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 U.S. bank by assets.

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

The Canadian Press


Read more Business News

26416


Recent Trending




Today's Market
S&P TSX13478.31-118.10
S&P CDNX552.61-1.14
DJIA16102.38-272.38
Nasdaq4683.92-49.58
S&P 5001921.22-29.91
CDN Dollar0.7532-0.0047
Gold1120.70-3.00
Oil45.67-1.08
Lumber234.00+1.10
Natural Gas2.658-0.067

 
Okanagan Companies
Pacific Safety0.215-0.005
Knighthawk0.010.00
QHR Technologies Inc1.24+0.00
Cantex0.04-0.01
Anavex Life Sciences1.36+0.25
Metalex Ventures0.05-0.00
Russel Metals21.23+0.14
Copper Mountain Mining0.59-0.01
Colorado Resources0.075-0.010
ReliaBrand Inc0.0045+0.0005
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.07-0.01
Decisive Dividend Corp2.62+0.12

 





FEATURED Property
23546075165 PADA Road
5 bedrooms 3 baths
$1,098,888
more details
image2image2image2
Click here to feature your property
Please wait... loading


The ball and chain

I have been pleasantly surprised of late to speak with business owners who understand the impact of fixed versus variable costs. A fixed cost is one that must be paid each and every month regardless o...


Where does the money go?

Photo: Thinkstock.comOne of the major components of business relationships that involve money are the fees in the investment industry. There is currently a quiet battle being waged between the practit...


Agree to ask questions

Photo: Thinkstock.comThe STORY: I think, said Janet to herself, that I just figured out a solution to my problem of letting the prospect run the meeting.With that thought in mind, she got out of her c...

_








Member of BC Press Council


27438