Saturday 26 May 2018

Cyber attack hits JPMorgan Chase site

New York, March 13, 2013


The consumer banking website of JPMorgan Chase & Co was unavailable to some users on Tuesday as the company tried to deal with a denial-of-service cyber attack that slowed access for some customers.
The latest problems on came as intelligence officials said for the first time on Tuesday that cyber attacks and cyber espionage have surpassed terrorism as the top security threat facing the United States.
JPMorgan and other major US banks, including Bank of America Corp and Citigroup, have recently warned their investors that their sites have been attacked and that the assaults could continue.
JPMorgan spokesman Michael Fusco said the company continued to work late Tuesday to restore normal service. He declined to say how long the site had been down during the day.
Attempts by Reuters journalists to access the site showed mobile apps worked but efforts to log in through a personal computer brought up a notice that the site was down.
The assessment of cyber attacks came in an annual "worldwide threat" briefing and was reinforced by testimony from James Clapper, the Director of National Intelligence, to the US Senate Intelligence Committee.
Cyber attacks on companies, particularly on US banks, are getting worse, Army General Keith Alexander, head of the US military's Cyber Command, said in a separate hearing of the Senate Armed Services Committee.
Starting in September, a hacker activist group called the Izz ad-Din al-Qassam Cyber Fighters said it was targeting major banks with denial-of-service cyber attacks. The attacks can disrupt service by deluging Web sites with high traffic.
In December, customers of Wells Fargo & Co had trouble using the bank's site for at least four days.  -Reuters

Tags: JP Morgan | Chase | cyber attack |


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