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Chase’s Cybersecurity Budget to Double

JPMorgan Chase CEO Jamie Dimon said he expects Chase’s annual computer security budget to double from $250 million to $500 million over the next five years. Chase’s network data breach, confirmed in September, exposed personal information for 76 million households and 7 million small businesses. Dimon: “We have to be vigilant. This will happen for a long time We need help and [need to continue] working together with the government. The government knows more than we do,” he said.”]

Source: https://www.cuinfosecurity.com/chases-cybersecurity-budget-to-double-a-7427

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