Reuters/Fri Oct 3, 2014 Two U.S. states are investigating the theft of 83 million customer records from JPMorgan Chase & Co (JPM.N) in a massive cyber attack uncovered over the summer, and more may soon join, Reuters learned on Friday. Illinois Attorney General Lisa Madigan said she has launched a […]
Frauds & Scandals
Union Bank CEO Challenge Internal Auditors on e-Fraud
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Emeka Emuwa, group managing director of Union Bank of Nigeria Plc (UBN) has called on internal auditors in the banking industry to brace up and tackle emerging trends in electronic fraud, which have become a real threat to the survival of the sector, a statement […]
JPMorgan Says Data Breach Affected 76 Million Households
Oct 2, 2014/Bloomberg JPMorgan Chase & Co. (JPM), the biggest U.S. bank, said a previously disclosed data breach of its systems affected 76 million households and 7 million small businesses. Customer names, addresses, phone numbers and e-mail addresses were taken, the New York-based bank said today in a regulatory filing. […]