It turns out that protecting an institution full of personally identifiable information is more complex than just having a good cybersecurity team.
The FBI is investigating sophisticated hacker attacks on JP Morgan Chase and at least four other banks that they believe are payback for U.S.-imposed economic sanctions on Russia.
After tens of billions in spending, Internet break-ins keep happening and will probably continue
The FBI is investigating cyber attacks on JP Morgan Chase and other banks, possibly by Russian hackers. Plus, a Napa Valley trade group is establishing a relief fund for wineries damaged by last weekend's earthquake. Jill Wagner reports on the day's top MoneyWatch headlines.
Published every weekday, the Switchboard is your morning helping of hand-picked stories from the Switch team. Join us Friday for our weekly live chat, Switchback. We'll kick things off at 11 a.m. Eastern time. Time Warner Cable: An 'erroneous IP configuration' caused nationwide blackout. "Time Warner Cable's breakdown prompted New York Gov. Andrew Cuomo to […]
FBI investigating data theft at JP Morgan "far beyond the capability of ordinary criminal hackers".
Bloomberg's Michael Riley and Jordan Robertson report the FBI is probing whether Russia may be tied to hacking and theft of data at JP Morgan and another U.S. bank in retaliation for sanctions against its incursions in Ukraine. The banks reported the alleged hacks earlier this month, which they said resulted in large chunks of lost data. Show More Summary
Shares of wireless equipment maker Aruba Networks (ARUN) are up $1.01, or 5%, at $21.25, after the company yesterday afternoon beat fiscal Q4 expectations and forecast this quarter ahead of consensus, prompting at least three upgrades of the stock this morning, from UBS, J.P. Morgan, and Stephens & Co., and multiple price-target increases. This morning [...]
At VMware‘s (VMW) annual developer and partner conference in San Francisco, vmworld, which kicked off yesterday, among the product introductions and partnerships were a number of things designed to change the way networks and systems of storage are built inside enterprises. J.P. Morgan‘s Rod Hall, who follows networking giant Cisco Systems (CSCO), today took that as his cue [...]
Following a spate of rumors that late-term problems with the display on Apple's next-generation iPhone could force the handset's delay or seriously constrain supplies, at least one Wall Street analyst indicated that the issue -- if it even actually exists -- would not materially impact the launch of the so-called "iPhone 6."
Well, raises for everyone at Goldman Sachs, Morgan Stanley, and Bank of America. JP Morgan and Citi are still pondering this one. A host of big banks including Goldman Sachs Group Inc., J.P. Morgan Chase & Co., Citigroup Inc., Bank of America Corp. Show More Summary
Over the summer Morgan Stanley, Goldman Sachs, JP Morgan, and Bank of America have announced that they will be giving junior bankers — think: analysts and associates under the age of 30 — a pay raise of about 20% to 25%. According to The Wall Street Journal, Citigroup is considering the move, too. Show More Summary
By SA Transcripts: London Mining PLC (OTC:LIIGF) Q2 2014 Earnings Conference Call August 21, 2014 4:00 AM ET Executives Graeme Hossie - CEO Jim North - COO Ben Lee - CFO Analysts Roger Bell - JP Morgan Seth Rosenfeld - Jefferies Richard...Show More Summary
By SA Transcripts: Hikma Pharmaceuticals Plc (OTC:HKMPF) Q2 2014 Results Earnings Conference Call August 20, 2014 5:30 a.m. ET Executives Said Darwazah - Chairman & CEO Khalid Nabilsi - CFO Analysts James Gordon - JP Morgan James Vane-Tempest...Show More Summary
By SA Transcripts: Hikma Pharmaceuticals Plc (OTC:HKMPF) Half Year 2014 Results Earnings Conference Call August 20, 2014 5:30 a.m. ET Executives Said Darwazah - Chairman & CEO Khalid Nabilsi - CFO Analysts James Gordon - JP Morgan James...Show More Summary
Pastor-supporting philanthropist’s 'religious home' alleges it lost $13 million from bank’s big fees and bad investments. Eli Lilly, Jr., of Eli Lilly and Co. pharmaceutical company and the Lilly Endowment, was baptized, sang in theShow More Summary
Apple's investments in sapphire may one day result in iPhone cover displays made of the material, but sapphire is unlikely to appear in this year's models due to prohibitive costs associated with producing the material in large quantities, investment firm J.P. Morgan said on Monday.
Guest Post: It’s September, 13th, 2008. One of the most powerful men in America is about to foresee an earthquake in the financial system, something that will change the world. Jamie Dimon, the head of JP Morgan Chase, has seen it all—but even he has to steel himself for this moment. “You are about to experience the […]
By Zentech: Expectations were high going into the Fire phone presentation on June 18, and then plummeted after the actual unveiling. An analyst at JP Morgan, Doug Anmuth now expects that Amazon (NASDAQ:AMZN) will only sell 2-3 million...Show More Summary
Banks are said to have made their best offers this week. From the front lines: Summer associate IBD interns at JPM, BALM, GS, and Citi received full-time offer salaries this week of 125k. This is in response to MS raising associate/vp salaries across the board. Show More Summary