This page has been archived and commenting is disabled.

JPMorgan Admits Massive Data Breach - 76 Million Households, 7 Million Businesses Compromised

Tyler Durden's picture




 

JPMorgan Chase has issued a statement confirming that a cyber-attack against the bank's Chase.com and JPMorganOnline.com websites on October 2nd breaches customer data:

  • *JPMORGAN: COMPROMISED DATA IMPACTS ABOUT 76M HOUSEHOLDS, 7M SMALL BUSINESSES
  • *JPMORGAN HASN'T SEEN UNUSUAL CUSTOMER FRAUD RELATED TO INCIDENT

The bank noted it is cooperating with government agencies on their investigations.

 

Full JPMorgan Statement:

On October 2, 2014, JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) updated information for its customers, on its Chase.com and JPMorganOnline websites and on the Chase and J.P. Morgan mobile applications, about the previously disclosed cyberattack against the Firm. The Firm disclosed that:

  • User contact information – name, address, phone number and email address – and internal JPMorgan Chase information relating to such users have been compromised. 
  • The compromised data impacts approximately 76 million households and 7 million small businesses. 
  • However, there is no evidence that account information for such affected customers – account numbers, passwords, user IDs, dates of birth or Social Security numbers – was compromised during this attack. 
  • As of such date, the Firm continues not to have seen any unusual customer fraud related to this incident. 
  • JPMorgan Chase customers are not liable for unauthorized transactions on their account that they promptly alert the Firm to. 

The Firm continues to vigilantly monitor the situation and is continuing to investigate the matter. In addition, the Firm is fully cooperating with government agencies in connection with their investigations.

*  *  *

76 million households and 7 million businesses sure sounds a whole lot like... everyone!

*  *  *  

It gets worse... As The NY Times reports,

By the time JPMorgan first suspected the breach in late July, hackers had already “rooted” more than 90 computer servers– hacker-speak for gaining the highest level of privilege to those machines– according to several people briefed on the results of the bank’s forensics investigation who were not allowed to discuss it publicly.

 

...

 

More disturbing still, these people say, hackers made off with a list of the applications and programs that run on every standard JPMorgan computer– a hacker’s roadmap of sorts– which hackers could cross check with known vulnerabilities in each program and web application, in search of an entry point back into the bank’s systems.

 

These people said it would take months for the bank to swap out its programs and applications and renegotiate licensing deals with its technology suppliers, leaving hackers plenty of time to mine the bank’s systems for unpatched, or undiscovered, vulnerabilities that would allow them reentry into JPMorgan’s systems.

 

read more here

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 10/02/2014 - 17:02 | 5281927 Fred Garvin
Fred Garvin's picture

*JPMORGAN HASN'T SEEN UNUSUAL CUSTOMER FRAUD RELATED TO INCIDENT

No, just the usual kind. 

Thu, 10/02/2014 - 17:09 | 5281953 knukles
knukles's picture

What the fuck.  Let's just put all our records on-line.  Make things ever so much easier.  Nah, don't worry, it's secure.  Now, about your medical history including recovery programs, SSDI's, pain killers, your employment records, details of your accounts everywhere.  Why, we'll even give you an implanted chip to wear so you won't leave home without it!

 

PS to Fred.  Note they said "customer fraud".  Nope, didn't see any of our clients committing fraud now, did we?
See, they're tellin' the troof!
Nothin 'a bit of campaign contributions can't cover.

Thu, 10/02/2014 - 17:15 | 5281987 Zhuge Liang
Zhuge Liang's picture

Putin and Assad did it.  Iran helped too.  /s

Thu, 10/02/2014 - 17:21 | 5282012 Bunga Bunga
Bunga Bunga's picture

... and not to forget Chinese Hackers.

Thu, 10/02/2014 - 17:23 | 5282020 NotApplicable
NotApplicable's picture

I thought they were Syrian this week?

Thu, 10/02/2014 - 17:27 | 5282035 outamyeffinway
outamyeffinway's picture

In other news, JP Morgan sells 76 million users information to the highest data miner bidder......

Thu, 10/02/2014 - 17:36 | 5282076 TheAnalOG
TheAnalOG's picture

We don't like JP Morgan.  We think you should buy physical silver and Bitcoin instead.

Thu, 10/02/2014 - 17:38 | 5282082 Stackers
Stackers's picture

Bitcoin sucks because it can be hacked

Banks are awesome because they can not be hacked

Oh wait

Thu, 10/02/2014 - 17:48 | 5282135 Pladizow
Pladizow's picture

So Jaime sold a password for some extra cash?

Thu, 10/02/2014 - 18:09 | 5282214 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

That's why he is richer than you!

Thu, 10/02/2014 - 18:21 | 5282264 Bunga Bunga
Bunga Bunga's picture

That's why he's got throat cancer.

Thu, 10/02/2014 - 18:33 | 5282301 CH1
CH1's picture

Quick - let's bomb some foreigners!

Thu, 10/02/2014 - 18:39 | 5282318 espirit
espirit's picture

The EBT FSA just got hacked.

This is going to get real, real quick.

 

Finish your preps.

Thu, 10/02/2014 - 22:19 | 5282971 Handful of Dust
Handful of Dust's picture

I bet that 14 year-old protester for democracy in HK is behind all these hacks with Iran and Russian backing and Cuban financing.

 

It's obvious, right?

Thu, 10/02/2014 - 17:51 | 5282144 TheAnalOG
TheAnalOG's picture

We know that Bitcoin cannot be hacked.

Thu, 10/02/2014 - 18:35 | 5282307 CH1
CH1's picture

Bitcoin hasn't been hacked.

A few systems intended to hold or trade Bitcoin have been hacked.

Not that truth matters...

Thu, 10/02/2014 - 21:14 | 5282740 Bay of Pigs
Bay of Pigs's picture

So if the system gets hacked and you lose access to your Bitcoins it's all good?

Thu, 10/02/2014 - 22:16 | 5282961 PT
PT's picture

Shouldn't have jailed that programmer.  The rest of them got pissed off.  Oh, hang on.  That was The Squid.  And only The Squid.  As far as I know.

Nup.  Still don't buy it.
Hooooooooowwww convenient.
A dog ate, I mean hacked, my bank account.

Thu, 10/02/2014 - 17:42 | 5282107 NeoRandian
NeoRandian's picture

This must be the work of Khorasan! To the drone mobile!!

Thu, 10/02/2014 - 17:27 | 5282022 fuu
fuu's picture

If 18 actresses can sue Google for $100,000,000 for the Fappening, JPM should be good for $422,222,222,222,222 for this one.

Thu, 10/02/2014 - 17:27 | 5282034 JPM Hater001
JPM Hater001's picture

I swear I had nothing to do with it...this time.

Thu, 10/02/2014 - 17:55 | 5282163 TheAnalOG
TheAnalOG's picture

We thought that was pretty funny fuu.

Thu, 10/02/2014 - 20:07 | 5282571 fuu
fuu's picture

One good breach deserves another.

Thu, 10/02/2014 - 20:55 | 5282686 Implied Violins
Implied Violins's picture

In calculating that number, did you use...derivatives?

Thu, 10/02/2014 - 17:21 | 5282014 Dr Strangemember
Dr Strangemember's picture

No worries, I'm sure ApPlEpAy will be sooooo much more secure!

Thu, 10/02/2014 - 17:31 | 5282030 Divided States ...
Divided States of America's picture

The bank noted it is cooperating with government agencies on their investigations.

What a load of crap...they were cooperating with the govt (NSA) all along on this, and now that th govt got all the data they need, they disperse it all over on purpose for everyone else to use.

The govt will always bail out the banks because they NEED the banks help to track its citizens....but of course, this financial data is only useful in an economy with paper money.

And what happens tomorrow?? JPM shares will close will close up $2.16 to 61 bucks

Thu, 10/02/2014 - 17:40 | 5282101 Blues Traveler
Blues Traveler's picture

Im afraid its more sinister than that, they know no who, where and what you spend money on. It will make political persecutions more efficient.

Thu, 10/02/2014 - 17:24 | 5282023 TeamDepends
TeamDepends's picture

Frankly, at this stage of history if you willingly hand your money over to JPM, what you are saying is: Here, take this, I don't want it anymore.

Thu, 10/02/2014 - 17:44 | 5282114 tostaky06
tostaky06's picture

Mt.gox hackers did it ... or JPMorgan did it itself for fresh printing money !!!

Thu, 10/02/2014 - 17:16 | 5281988 negative rates
negative rates's picture

Oh and yeah, and computers are jinxed.

Thu, 10/02/2014 - 17:07 | 5281954 SheepDog-One
SheepDog-One's picture

Just the usual kornholing from the JPM banksters, nothing 'unusual' to report.

Thu, 10/02/2014 - 17:08 | 5281956 Everybodys All ...
Everybodys All American's picture

Just prepping everyone to be corzined.

Thu, 10/02/2014 - 21:50 | 5282867 PT
PT's picture

A dog ate your, I mean hacked your bank account.

Thu, 10/02/2014 - 17:13 | 5281980 BiteMeBO
BiteMeBO's picture

If some hacker is stealing from my JPM acct., how is JPM going to steal it?

Thu, 10/02/2014 - 17:17 | 5281998 negative rates
negative rates's picture

Well you have to give it to them first, then it's easy.

Thu, 10/02/2014 - 17:40 | 5282096 Temporalist
Temporalist's picture

Stan now more than ever you have to understand the importance of saving money, money, money...

http://www.youtube.com/watch?v=4TlPo0yCSa4

Thu, 10/02/2014 - 21:53 | 5282878 PT
PT's picture

I can see it now:  A hacker will hack everyone's JPM account and put all the loot in his ... JPM account!

Thu, 10/02/2014 - 23:12 | 5283110 PT
PT's picture

Hmmmmmm, be on the look out for any suspicious rises in the price of Bitcoin.

:P

Thu, 10/02/2014 - 17:16 | 5281996 Sid James
Sid James's picture

Relax, it's only half the population:

United States Households: 117,538,000 (2009)

The other half are on the sub-prime database which wasn't worth stealing.

 

 

Thu, 10/02/2014 - 17:19 | 5282005 e_goldstein
e_goldstein's picture

Well done, hackers. Well done.

Thu, 10/02/2014 - 19:52 | 5282479 scrappy
scrappy's picture

Sure is inevitable.

I was in the business of network security for 10 years.

Lot's of lax patching at my customers businesses, and at least in my firm it was, "This is McDonalds" - just take their money, the usual baby boomer ceo greed destroying our country, and of course the sick office politics of narcissism and crony fuck ups - suck ups, glad I am gone.

https://en.wikipedia.org/wiki/Gresham%27s_law

What a fucking joke. - Data Rights for the People I Say!

Thu, 10/02/2014 - 17:05 | 5281945 StackShinyStuff
StackShinyStuff's picture

Glad I do not do business with this company on principle.

Thu, 10/02/2014 - 17:36 | 5282074 RobD
RobD's picture

Wish I didn't, bastards bought my mortgage.

Thu, 10/02/2014 - 19:16 | 5282438 xtop23
xtop23's picture

Better yet, don't do business with any bank. If you absolutely must do so, use a local credit union.

Better off holding cash and some PM's. 

Sit outside the system until this fucker implodes.

Thu, 10/02/2014 - 17:05 | 5281946 SheepDog-One
SheepDog-One's picture

Nothing to worry about, it's not airborn!

Thu, 10/02/2014 - 17:05 | 5281949 Mrs. Cog
Mrs. Cog's picture

But the food stamp program is safe right? It's not like a matter of national security or anything? /sarc/

Thu, 10/02/2014 - 17:10 | 5281969 Stoploss
Stoploss's picture

Oh fuck.

Forgot the EBolaT crew is gonna be pissed.

 

 

Thu, 10/02/2014 - 17:06 | 5281950 emersonreturn
emersonreturn's picture

breach..i thought their data automatically went to israel via NSA?

Thu, 10/02/2014 - 19:33 | 5282491 emersonreturn
emersonreturn's picture

what? two people disagree?  i just inherited a house, it's still going through paperwork etc.  but when i went through the border last week, the border guard told me i owned a house.  it's not even legal yet.  the deeds are still on the conveyor belt!

 

Thu, 10/02/2014 - 17:08 | 5281957 Stoploss
Stoploss's picture

Oh, well that's just great.

Thu, 10/02/2014 - 17:08 | 5281958 Global Hunter
Global Hunter's picture

"In addition, the Firm is fully cooperating with government agencies in connection with their investigations."

We even promised the director of the agency a VP position in compliance at JPM to commence in 2015 to ensure his/her attention to this matter.

Thu, 10/02/2014 - 17:09 | 5281965 Frank N. Beans
Frank N. Beans's picture

They say they were breached, but JPM just needed to raid a few thousand of its customers' bank accounts. 

Thu, 10/02/2014 - 17:10 | 5281968 Everybodys All ...
Everybodys All American's picture

Kind of obvious we have become a third world country. No rule of law, ebola, identity theft, etc.

Thu, 10/02/2014 - 17:30 | 5282045 e_goldstein
e_goldstein's picture

It's that fundamental change that the Obama voters were hoping for.

Thu, 10/02/2014 - 17:13 | 5281977 AL_SWEARENGEN
AL_SWEARENGEN's picture

Well if these cocksuckerz are being as forthright as they were when disclosing the London Whale losses, then we know JPM and this breach is fucked.

Thu, 10/02/2014 - 17:14 | 5281981 Jstanley011
Jstanley011's picture

Anybody doing business with a TBTF bank deserves exactly what they get. WTF? Are you a complete moron?

Thu, 10/02/2014 - 17:15 | 5281991 SheepDog-One
SheepDog-One's picture

JPM probably sold all the data for a couple billion and just blamed it on a hack.....who is there to call them on it? Prezdent Jamie?

Thu, 10/02/2014 - 17:17 | 5281994 cherry picker
cherry picker's picture

We will probably buy our information back from one of those on line marketers who sell stuff like that to fill up our spam folders.

On the other token, take a look at your driver's license to remind yourself of your own identity, there may be a few more of you walking around soon.  :)

Thu, 10/02/2014 - 17:19 | 5282002 ekm1
ekm1's picture

Here's JPM INVENTING some breach never happened, so when the crash centrally triggered, they would blame BREACHES from russians or chinese or aliens

 

There was no breach, none, zero, zilch.

They are just preparing people mentally about the crash which is being planned out.

Thu, 10/02/2014 - 17:31 | 5282050 Think Like A Crook
Think Like A Crook's picture

You are thinking along my lines of thought now. (Or vice versa). Ive thought the "end" will be we wake up, all financial transactions/accts are frozen due to a cyberattack. Which will of course be blamed on the russians/chinese. There is only 1 way to "restore" your financial identity. You have to prove who u are, and I dont mean by confirming your as it were "stolen" address and SSN cult number.

Thu, 10/02/2014 - 17:20 | 5282007 Bell's 2 hearted
Bell's 2 hearted's picture

JPM?

Again?

 

they've committed about every atrocity under the sun

 

but The Golfer says otherwise -

 

“JPMorgan is one of the best-managed banks there is. Jamie Dimon, the head of it, is one of the smartest bankers we got and they still lost $2 billion and counting,” the president said. “We don’t know all the details. It’s going to be investigated, but this is why we passed Wall Street reform.”

 

http://abcnews.go.com/blogs/politics/2012/05/obama-jpmorgan-is-one-of-th...

Thu, 10/02/2014 - 17:27 | 5282031 SheepDog-One
SheepDog-One's picture

How likely is it if you were working at Subway and the till came up $50 short the manager would say you're the best and praise you? Nah, anyone doing that would be fired on the spot, but JPM gets White House cuff links all around for losing $2 billion.

Thu, 10/02/2014 - 17:30 | 5282042 Bell's 2 hearted
Bell's 2 hearted's picture

at one time dimon was on the board of directors for the New York Federal Reserve Bank

 

the stench is overpowering

Thu, 10/02/2014 - 17:21 | 5282009 Lesthan0
Lesthan0's picture

Calling-in an "airstrike" on there own location is classic last ditch defense effort when all hope is lost!!!

Thu, 10/02/2014 - 17:25 | 5282027 RattNRoll
RattNRoll's picture

That's why Im richer than you

-Jamie Dimon

Thu, 10/02/2014 - 17:36 | 5282070 Bell's 2 hearted
Bell's 2 hearted's picture

Mr Regulator,

 

Those records are 'safely' held in 3rd party hands.  I walk away with $1billion + immunity when the whole house of cards come down ... or they might no longer be 'safe'.

 

capiche?

 

jamie dimon

Thu, 10/02/2014 - 17:26 | 5282032 Bell's 2 hearted
Bell's 2 hearted's picture

JPMORGAN HASN'T SEEN UNUSUAL CUSTOMER FRAUD RELATED TO INCIDENT

well, duh ... the body still twitching

 

the breach occurred TODAY


Thu, 10/02/2014 - 17:29 | 5282039 bluskyes
bluskyes's picture

I thought it meant that only JPM was using it to commit fraud.

Thu, 10/02/2014 - 17:30 | 5282044 bescobar
bescobar's picture

Just an excuse and false flag to tell all their customers that they can't withdraw their money because we don't have any.

Thu, 10/02/2014 - 17:31 | 5282051 nink
nink's picture

Honestly all the money must have been stolen. Sounds like MT Gox

Thu, 10/02/2014 - 17:35 | 5282065 gwar5
gwar5's picture

Expecting JP Morgan to see any fraud is like waiting for the sun to burn out.

 

 

 

 

Thu, 10/02/2014 - 17:39 | 5282087 Bell's 2 hearted
Bell's 2 hearted's picture

Dimon will pay

 

next time jamie and eric holder golf

 

 holder: Drinks are on you! ...

Thu, 10/02/2014 - 17:36 | 5282068 Chippewa Partners
Chippewa Partners's picture

Is Corzine working at JPM these days?

Thu, 10/02/2014 - 17:40 | 5282095 Sid James
Sid James's picture

Hmmm, a virus with a 50% mortality rate and a database containing the details of 50% of the population. Coincidence?

Thu, 10/02/2014 - 17:48 | 5282136 GrinandBearit
GrinandBearit's picture

Gimmie a fucking break... this is no accident or data breach.  TPTB are doing this shit on purpose to implement more draconian controls over transactions.  

TPTB will pay the security/safety card, which gives them much more control over YOU.

Thu, 10/02/2014 - 17:51 | 5282148 nathan1234
nathan1234's picture

Methinks it was JP Morgan themselves who hacked in- to provide to their confederates the details.

The bank themselves would be claim innocence and no liability.IUf any liability of course the American tax payer will pay. The Demon in charge will ensure

The confederates would then use the information as and when required to raid accounts etc. The actual information taken out will not be disclosed of course.

Thu, 10/02/2014 - 18:52 | 5282363 espirit
espirit's picture

See my page 1 comment.

Thu, 10/02/2014 - 17:56 | 5282170 humble_man
humble_man's picture

76 million? That is about every household in the US with a JP Morgan Chase account, yes?!?  If it were 5 million, that is one thing, but I just cancelled all my Chase credit cards, deleted online access, and minimized my bank balance. You would be a FOOL to do anything less. They have FAILED !!

Thu, 10/02/2014 - 18:05 | 5282205 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Yeah this one should be interesting to watch unfold. We all know what the official story is depending whose mouth it is uttered from is going to be bullshit.

Thu, 10/02/2014 - 18:09 | 5282219 MansaMusa
MansaMusa's picture

These companies are selling consumer data on the black market, plain & simple! 

Thu, 10/02/2014 - 18:10 | 5282220 Totin
Totin's picture

I did not buy that 79" 4K TV on my Chase card!

Thu, 10/02/2014 - 18:15 | 5282241 notsobright
notsobright's picture

So 76,000,000 house holds

x 2.6 (average number of people per household)

= 197,000,000 people...

...

318,000,000 people in USA

so about 62% of population...

Hmmm

 

Thu, 10/02/2014 - 18:53 | 5282369 espirit
espirit's picture

Re: FSA

Thu, 10/02/2014 - 18:19 | 5282253 yellowsub
yellowsub's picture

Shopping spree for me, it wasn't me who made those charges!  LOL

Thu, 10/02/2014 - 18:25 | 5282276 whoopsing
whoopsing's picture

Just another example of " gods work "

Thu, 10/02/2014 - 18:27 | 5282285 hairball48
hairball48's picture

Time to go back to a gold backed cash economy. Fuck a bunch of "digits".

 

Thu, 10/02/2014 - 18:52 | 5282366 I Write Code
I Write Code's picture

If you like your money, ... too late.

Thu, 10/02/2014 - 19:00 | 5282392 Yen Cross
Yen Cross's picture

 * caugh* caugh 

  Signed,

  Jamie Dimon

Thu, 10/02/2014 - 19:07 | 5282413 css1971
css1971's picture

So. Basically JPMorgan has a database on everyone in America?

Thu, 10/02/2014 - 19:11 | 5282426 Fuku Ben
Fuku Ben's picture

Nothing to worry about

CDC has everything under control
Doctors & Hospitals say everything is under control
JP has everything under control

Thu, 10/02/2014 - 19:24 | 5282467 Quaderratic Probing
Quaderratic Probing's picture

Good thing NSA records every 01000101011101100110010101110010011110010111010001101000011010010110111001100111

Thing ( thats thing in binary )

Should track it easy.

Thu, 10/02/2014 - 19:31 | 5282486 humble_man
humble_man's picture

Yeah, well track my binary cancellation of all Chase accounts......times thousands.  That should get their attention.

Thu, 10/02/2014 - 19:50 | 5282531 robnume
robnume's picture

Now that's funny! Thanks for some good news. I feel better already! Can't wait for the collapse to rend it's way through this fucked up FIRE economy. Vengeance is mine!

Thu, 10/02/2014 - 20:21 | 5282604 NoWayJose
NoWayJose's picture

It's preposterous to think that the only thing the hackers got was names and addresses. There is NO reason for JPM to store that information separately and by itself. They may not have gotten online banking or credit card numbers, but it is very likely the 76 million names have other data in this kind of 'person file' such as income, FICO score, age, etc. JPM would use this to solicit new credit cards, to 'sell' it to telemarketers, etc.

Thu, 10/02/2014 - 20:47 | 5282668 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

You really think the damage control spin meisters are going to tell you that if it is the case? They are going to downplay it as much as possible in the bank's favor. That is what they do. That they even admited this is much it is only because they are trying to front run irate customers from making a wholesale exodus to other places in case that information gets used in a manner detrimental to their clients along with liability issues.

If you had a decentralized digital banking accounts and payment processing system patterned on block ledger technology that things like bitcoin are built on you wouldn't have these problems on a large scale to begin with.

Thu, 10/02/2014 - 20:38 | 5282644 humble_man
humble_man's picture

FYI, Chase is not sending you to an "extra" representative when you call to cancel your credit card. The first person does it, without hesitation, and reads the disclaimer faster than I have ever heard it. They are clearly swamped and do not have the staffing to berate us with 'carrots' to stay.  This is big. 

Thu, 10/02/2014 - 20:39 | 5282646 Atticus Finch
Atticus Finch's picture

I thought JP Morgan's RMBS were the customer fraud.

Thu, 10/02/2014 - 20:52 | 5282683 Againstthelie
Againstthelie's picture

That's it.

That's how the final and biggest coup of the globalists could be conducted: blame it on some hackers.

Thu, 10/02/2014 - 22:05 | 5282932 buffalosky
buffalosky's picture

Sounds like the SEC should shut them down, unless they are just as corrupt and incompetant. And if they didn't know about this, it's then obvious JP Morgan and the SEC could both be the most incompetant company and entity in the history of the world.

Thu, 10/02/2014 - 23:44 | 5283214 LightWalker
LightWalker's picture

 This will be how JP Morgue gets away with everyones money when SHF. See the hackers got it, we can't find it.....

Fri, 10/03/2014 - 00:11 | 5283260 fibonacci's claus
fibonacci's claus's picture

"the bank noted it is now and has been a government agency for a long time now with multiple CIA on the board of directors"

 

fixed it

Fri, 10/03/2014 - 05:25 | 5283593 mantrid
mantrid's picture

haven't the hackers left any notes in cyrillic? like "I was here. Putin".

Do NOT follow this link or you will be banned from the site!