By Steve Rosenbush Steve Rosenbush The Wall Street Journal BiographySteve Rosenbush @Steve_Rosenbush ciojournal [email protected] May 17, 2018 8:32 am ET 0 COMMENTS Sign up here for The Morning Download, and get the most important news in business technology emailed to you each weekday morning. Subscribe to WSJ Pro Cybersecurity for in-depth coverage on cybersecurity trends, breaches and best practices. Good morning, CIOs. JP Morgan Chase & Co. demonstrated a prototype of its blockchain-based platform for capital markets, called Dromaius, on Wednesday at the Consensus 2018 conference, CIO Journal’s Sara Castellanos reports. “We think the technology has the potential to be transformative,” said Christine Moy, executive director and head of J.P. Morgan’s Blockchain Center of Excellence. (See below for much more on blockchain and the Consensus event.) J.P. Morgan joins other banks … [Read more...] about The Morning Download: JP Morgan Tests Blockchain Use in Capital Markets
Jp morgan data breach
A multi-year study on the stock price evolution for breached companies reveals that data breaches have a long-term impact on a company's stock price, even if it's somewhat minimal.The study, carried out by the research team behind the CompariTech web portal, looked only at companies listed on the New York Stock Exchange (NYSE) that suffered and publicly disclosed breaches of one million records and over in the past three years.In total, the list included 28 companies, such as Apple, Adobe, Anthem, Community Health Systems, Dun & Bradstreet, eBay, Equifax, Experian, Global Payments, Home Depot, Health Net, Heartland Payment Systems, JP Morgan Chase, LinkedIn, Monster, T-Mobile, Sony, Staples, Target, TJ Maxx, Under Armour, Vodafone, and Yahoo.Also: Feedify becomes latest victim of the Magecart malware campaign"In the long term, breached companies underperformed the market," the CompariTech team concluded in their report. "After 1 year, Share price grew 8.53% on average, but … [Read more...] about Data breaches affect stock performance in the long run, study finds
SAN FRANCISCO — Data breaches have become a fact of digital life, and they seem to be getting bigger. USA TODAY has put together a list of the largest reported breaches.For purposes of this ranking, we did not include hacks that affected fewer than 1 million users, such as the Sony Pictures Entertainment breach. Also, the dates listed are when a breach was announced, not necessarily when it happened.Yahoo! 1 billion, December 2016Yahoo! 500 million, September 2016MySpace 360 million May 2016EBay 145 million, May 2014 Equifax 143 million, September 2017Target 110 million, November 2013LinkedIn 100 million, May 2016AOL 92 million, October 2007JP Morgan Chase 83 million, October 2013Anthem 80 million, February 2015Sony PlayStation Network 77 million, April 2011Home Depot, 53 million, September 2014TJ Maxx 45.7 million 2007Ashley Madison, 32 million, August 2015Office of Personnel … [Read more...] about Equifax breach: Is it the biggest data breach?
SAN FRANCISCO — The cyberattack on JPMorgan Chase & Co., first announced in July, compromised information from 76 million households and 7 million small businesses, the company revealed Thursday in a filing with the Securities and Exchange Commission.Contact information, including name, address, phone number and e-mail address, as well as internal JPMorgan Chase information about the users, was compromised, the filing said. However the bank said no customer money appears to have been stolen.JPMorgan said "there is no evidence that account information for such affected customers — account numbers, passwords, user IDs, dates of birth or Social Security numbers — was compromised during this attack."The attack is one of the largest corporate breaches thus far reported.More chillingly, a report Thursday in The New York Times said that the hackers were able to gain "the highest level of administrative privilege" on more than 90 of the bank's servers, according to people … [Read more...] about JP Morgan reveals data breach affected 76 million households
SAN FRANCISCO — Yahoo's announcement 500 million accounts had been breached, possibly by a state-sponsored attacker, looks to give it the unwanted title as largest data breach ever, by users affected.To ascend to the top of the list, it had to beat out other big consumer breaches, from LinkedIn to AshleyMadison. For purposes of this ranking, we did not include hacks with under 1 million users, such as the Sony Pictures Entertainment breach, which was expansive in terms of the volume of personal information stolen but was largely contained to Sony employees.Yahoo! 500 million, September 2016MySpace 360 million May 2016LinkedIn 100 million, May 2016Scottrade, 4.6 million, October 2015T-Mobile (via Experian), 15 million, October 2015Ashley Madison, 32 million, August 2015Anthem 80 million, February 2015Office of Personnel Management, 21.5 million, July 2015UCLA Health 4.5 million, July 2015Home Depot, 53 million, September … [Read more...] about Yahoo may be the biggest data breach
One of the largest online dating sites, the 64 million-member AdultFriendFinder.com, has contacted law enforcement and high-profile security firm FireEye to investigate a data breach.Information including sexual preference, marital status and other personal data (dates of birth, email addresses and addresses) for as many as 4 million members may have been stolen, according to U.K. news agency Channel 4, which first reported the incident.The news outlet made the discovery as part of an investigation into the "dark web" ad less visible subset of the Internet where criminals trade in illicit goods.AdultFriendFinder, which promises the ability to "Hookup, Find Sex or Meet Someone Hot Now," as well as share video cams and chat online, is part of Sunnyvale, Calif-based FriendFinder Networks, which touts 600 million-plus members on more than 40,000 sites.The company confirmed to USA TODAY that it has "begun working closely with law enforcement and launched a comprehensive investigation with … [Read more...] about Large online dating site AdultFriendFinder confirms data breach