Seeking Alpha

JPMorgan warns 465K card holders of data breach by hackers

  • JPMorgan (JPM) has said hackers may have accessed the personal data of 465,000 holders of prepaid cash cards that corporations use to pay employees and that government agencies use to make various payments such as social security.
  • The bank believes that "a small amount" of information was stolen, although not money and nor critical personal details such as social security numbers, birth dates and email addresses.
  • The 465,000 affected customers represent 2% of the 25M people who hold the cards, which are known as Ucards.
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