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Chase Ramps Up Security: Is It Enough?

JPMorgan Chase CEO Jamie Dimon says by the end of 2014, the bank will have spent more than $250 million annually on cybersecurity. The bank is building three cybersecurity operations centers at its regional headquarters. JPMorgan Chase is the top U.S. holding company with $2.4 trillion in assets, according to the Federal Financial Institutions Examination Council. Analysts say the bank is taking an appropriate leadership role by describing how it’s ramping up its cybersecurity efforts. In recent months, JPMorgan Chase has been targeted in several cyber-attacks.”]

Source: https://www.cuinfosecurity.com/chase-ramps-up-security-enough-a-6753

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