JPMorgan Chase & Co. has yet to confirm whether hackers did, indeed, breach its network. The bank has only said that it’s investigating the possibility of an attack, and that it has multiple layers of defenses in place to monitor for fraudulent activity that would indicate a breach. Analyst: “Even alluding to the idea [of an attack] could have a serious effect on the confidence that consumers and businesses have in some of our largest institutions” Financial fraud expert: “News reports that the bank was hacked can be very damaging to Chase’s reputation””]
Source: https://www.databreachtoday.com/chase-breach-investigation-any-answers-a-7275/op-1