Hackers’ Cracked 10 Financial Firms in Major Assault – Russian Officials Involved?

There is nothing new about cyber attacks coming from Russia, however, to actually be able to tie them to Russian government officials — albeit loosely — would be another step. Is this a hunch or do they have something more?

Related: US Indicts Chinese Army Officers for Hacking US Companies

The huge cyberattack on JPMorgan Chase that touched more than 83 million households and businesses was one of the most serious computer intrusions into an American corporation. But it could have been much worse.

Questions over who the hackers are and the approach of their attack concern government and industry officials. Also troubling is that about nine other financial institutions — a number that has not been previously reported — were also infiltrated by the same group of overseas hackers, according to people briefed on the matter. The hackers are thought to be operating from Russia and appear to have at least loose connections with officials of the Russian government, the people briefed on the matter said.

via Hackers’ Attack Cracked 10 Financial Firms in Major Assault – NYTimes.com.

Published by Shawn E. Tuma

Shawn Tuma is an attorney who is internationally recognized in cybersecurity, computer fraud and data privacy law, areas in which he has practiced for nearly two decades. He is a Partner at Spencer Fane, LLP where he regularly serves as outside cybersecurity and privacy counsel to a wide range of companies from small to midsized businesses to Fortune 100 enterprises. You can reach Shawn by telephone at 972.324.0317 or email him at stuma@spencerfane.com.

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