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FBI and Secret Service Investigation of the Bank of America Report Cyber Attacks

28-Aug-14
FBI and Secret Service Investigation of the Bank of America Report Cyber Attacks

The FBI investigation said it is investigating media reports, some American financial institutions have been victims of recent cyber attacks.

"We are working with the United States Secret Service determine the scope of some financial institutions in the United States recently released cyber attacks," FBI spokesman Joshua Campbell said in a statement later on Wednesday.

He did not say any business or disclose further details. Secret Service spokesman could not be reached for comment.
JP Morgan is a victim of the recent cyber attacks, according to two people familiar with the incident who requested anonymity because they were not authorized to speak publicly about the matter. They refused to disclose the seriousness of the incident, said JP Morgan still under investigation to determine what happened.

JPMorgan spokesman Brian Marchiony declined to comment when asked about the attack.
"The company of our size has unfortunately suffered almost daily attacks, we have a variety of defense lawyers to offset any threats and constantly monitors the level of fraud," he said in a statement.

Earlier Wednesday, Bloomberg reported that Russian hackers are believed to have carried out on the JP Morgan Chase and another unnamed US-owned banks cyber attacks in mid-August, leading to loss of sensitive data. Authorities are investigating whether the vulnerability of Europe's major banks in recent attacks, Bloomberg reported.

New York Times reported late Wednesday that the network, such as JP Morgan Chase and Bank of America has been at least four infiltrations in this month's string of coordinated attacks, citing four people familiar with the investigation.

Attacker to steal a large amount of data, including information on checking and savings accounts, but their motive is not clear, according to the New York Times reported; this means that some private security companies have commissioned infected network forensics review.
Reuters could not independently verify the details in Bloomberg and the Times reported.