Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
  • AI
  • Tech
  • Cybersecurity
  • Finance
  • DeFi & Blockchain
  • Startups
  • Gaming
Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Probe into JPMorgan Data Breach Indicates Russian involvement

byArtur Lapinsch
September 5, 2014
in News
Home News

An investigation into last week’s JP Morgan data breach has revealed clues that hackers used a “global network of computers” for hire to reroute the data stolen from the bank to a major Russian city, according to sources close to the story.

A report published by Bloomberg explains: a “bulletproof” hosting stage platform allows for hackers to keep law enforcement agencies from tracing their origins and enables the use of computer systems around the world, from South America to Asia, to send commands in order to break into one of the most secure financial networks on Wall Street.

James Lewis, a senior fellow at the Center for Strategic and International Studies in Washington, points out that the now-defunct Russian Business Network, had pulled off similar hack operations in the past, and was run by powerful figures in the Russia and allegedly protected by Russian authorities.

“It’s like the mafia,” Lewis told Bloomberg. “If this is RBN version 2.0 or even 3.0, then the U.S. government will be very concerned because it’s been a real pest before.”

However, Russian spokesman Dmitry Peskov responded to reports of the Government involvement in the attacks, calling the claims “nonsense.” Despite obvious clues pointing to it, experts speculate this to be a ploy to shield the true nature of the attackers; Lewis says that Russia monitors its Internet even more than China, Bloomberg reported.

Investigators are exploring other possibilities and potential data breaches within other banks in the US. According to Darien Kindlund, director of threat research for FireEye, one of the firms assisting the investigation, “The working theory is that there’s a relationship with this organized-crime group linked to other state-sponsored targeted attacks, possibly including Russia.”

“We aren’t ruling out the possibility that there may be tools or infrastructure tying these attacks to other state-sponsored activity,” he said.

Read more here

Follow @DataconomyMedia

(Image Credit: Sarath Kuchi)

Stay Ahead of the Curve!

Don't miss out on the latest insights, trends, and analysis in the world of data, technology, and startups. Subscribe to our newsletter and get exclusive content delivered straight to your inbox.

Related Posts

Meta expands Community Notes with user alerts

Meta expands Community Notes with user alerts

September 11, 2025
FastNetMon mitigates 1.5 Gpps DDoS attack

FastNetMon mitigates 1.5 Gpps DDoS attack

September 11, 2025
Thinking Machines Lab reveals research on eliminating randomness in AI model responses

Thinking Machines Lab reveals research on eliminating randomness in AI model responses

September 11, 2025
Hackers use Apple Calendar invitations to deliver phishing scams through notes field

Hackers use Apple Calendar invitations to deliver phishing scams through notes field

September 11, 2025
CuspAI raises 0M for AI material discovery platform

CuspAI raises $100M for AI material discovery platform

September 11, 2025
Spotify users want AI-powered music insights beyond basic Wrapped summaries

Spotify users want AI-powered music insights beyond basic Wrapped summaries

September 11, 2025
Please login to join discussion

LATEST NEWS

Meta expands Community Notes with user alerts

FastNetMon mitigates 1.5 Gpps DDoS attack

Thinking Machines Lab reveals research on eliminating randomness in AI model responses

Hackers use Apple Calendar invitations to deliver phishing scams through notes field

CuspAI raises $100M for AI material discovery platform

Spotify users want AI-powered music insights beyond basic Wrapped summaries

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy

Follow Us

  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.