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A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a tally that dwarfs previous estimates by the bank and puts the intrusion among the largest ever.
The details of the breach — disclosed in a securities filing on Thursday — emerge at a time when consumer confidence in the digital operations of corporate America has already been shaken. Target, Home Depot and a number of other retailers have sustained major data breaches. Last year, the information of 40 million cardholders and 70 million others were compromised at Target, while an attack at Home Depot in September affected 56 million cards.
Operating overseas, the hackers gained access to the names, addresses, phone numbers and emails of JPMorgan account holders. In its regulatory filing on Thursday, JPMorgan said that there was no evidence that account information, including passwords or Social Security numbers, had been taken. The bank also noted that there was no evidence of fraud involving the use of customer information.
originally posted by: MichiganSwampBuck
I just found out that my bank considered the reimbursement of funds that were stolen from my compromised debit card account a "courtesy". I guess I can see that, my card - my problem essentially, so when they put up the money before they, or who ever, investigated the crime and got restitution, that must have been a courtesy to me.
Like I talked about before in my "Identity Theft, Who is the Real Victim?" thread, the real victims, in a legal sense, were the stores (who sold stuff to the criminals) and the bank, they had the real losses, not me. I guess because the cyber criminal isn't walking into my local bank branch and robbing it at gun point, it was somehow my responsibility because I was a victim without legal recourse.