Week 4 - JP Morgan Chase Breach

Information Security and security concerns are not going anywhere. In fact, this area is only growing more and more. The threat of attackers is not going to decrease any time soon. I predict that things will continue to get worse and worse. Many companies, including the company I am leaving, refuse to take Information Security seriously. I feel like many large companies only take information security seriously after they have already lost their valuable data. This is a high concern for someone involved in security. It’s like you just can’t rest knowing that your company refuses to take risks seriously.  

One noteworthy attack was the recent attack at Chase. The JP Morgan Chase Breach of 2014 was fairly large. JP Morgan Chase actually affected 76 million households and even 7 million small businesses but luckily not consumer fraud has occurred yet because of this breach. Chase apparently lost names, addresses, phone numbers, and email addresses. Luckily, Chase says that sensitive information like account numbers, passwords, social security numbers, and birthdays were seemingly not able to be compromised. (Hardekopf, 2014) My hope is that as these attacks continue, Information Security positions will become more and more valued by corporations.

References

Hardekopf, B. (2014, October 3). Major Data Breach at JP Morgan Chase Hits 76 Million Households. Retrieved from Low Cards: http://www.lowcards.com/major-data-breach-jp-morgan-chase-hits-76-million-households-27953