02-18-2015, 01:53 PM
The revelation showed that spending on defenses against the increasing threat of criminal hacking can prove futile: J.P. Morgan enlisted about 1,000 employees to secure its data, with a $250 million budget, and was still cracked. The bank’s CEO, Jamie Dimon, wrote in an annual letter to shareholders that “cyberattacks are growing every day in strength.”
The banking industry’s biggest cyber fears - MarketWatch
Here are four of the financial industry’s biggest cyber fears.