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FBI finds no evidence J.P. Morgan breach hit other big U.S. banks

Sep. 02, 2014 7:15 PM ETJPMorgan Chase & Co. (JPM) StockXLF, IYF, IYG, VFH, JPM, RSPF, UYG, FXO, SEF, FAS, FAZ, RWW, FINU-OLD, FINZ, FNCLBy: Carl Surran, SA News Editor1 Comment
  • The FBI has found no evidence to suggest the hacker(s) who successfully penetrated the computer system at JPMorgan Chase (NYSE:JPM) scored any similar successes against other big U.S. banks, WSJ reports, citing four people close to the investigation.
  • A source said the JPM incident was at first conflated with suspicious activity related to other banks, but as the investigation continued, the threats appeared to be separate.
  • JPM has said it is not experiencing unusual amounts of fraud, and two people briefed on the investigation say consumers likely do not face a serious risk; some cybersecurity experts believe the hack may have been perpetrated by Russians in retaliation for U.S. sanctions.
  • ETFs: XLF, FAS, FAZ, UYG, VFH, IYF, SEF, IYG, FXO, FNCL, FINU, RWW, RYF, FINZ

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