The late August news from JPMorgan Chase rocked the world of info security when the huge money center bank reported it had been breached, apparently by hackers who were said to be affiliated with a nation state.
Several media outlets, including the New York Times, said large amounts of checking and savings account data were stolen. While the purpose of the thefts is not known, the bank said it was not seeing any unusual or unusually high volumes of fraud in its network.
With details still emerging about the JPMorgan Chase breach, credit union executives may be wondering if their operations can withstand a nation state level advanced persistent threat attack or even if they've already been penetrated. According to some experts, the answer may be a pessimistic one.
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