Jamie Dimon says risk of cyberattacks 'may be biggest threat to the U.S. financial system'
April 8, 2019

From CNBC:

The risk of a devastating cyberattack may be the single greatest danger to the U.S. financial system, according to J.P. Morgan Chase CEO Jamie Dimon.

J.P. Morgan spends almost $600 million annually to tighten its defenses and ward off a constant stream of attacks, Dimon said Thursday in his annual letter to shareholders. But the interconnected nature of the financial system means the risk never goes away.

Indeed, J.P. Morgan was the victim of a large data breach in 2014 tied to hackers.

Continue reading at CNBC...

You may also like

Despite the controversies, adults are still using Facebook

"The share of U.S. adults who say they use certain online platforms or apps is statistically unchanged from where it stood in early 2018."

Amazon workers are listening to what you tell Alexa

"A global team reviews audio clips in an effort to help the voice-activated assistant respond to commands."

Poll: Americans give social media a clear thumbs-down

"A sizable majority say social media does more to divide the country than unite it."