Word has leaked that JPMorgan Chase and possibly four other banks have been hacked. Details are scarce at this point, but the FBI and other government agencies are involved in the investigation.
The hack allegedly took place earlier in August and hackers have siphoned off huge amounts of sensitive data from Chase, including checking and savings account information.
Even more concerning, sources say that the attack goes "far beyond the capabilities of ordinary hackers." Given the timing, some security experts are speculating it was the work of high-level Russian hackers.
According to an inside source, there has been no increase in fraud at JPMorgan Chase since the hack. However, it doesn't change the fact that if you're a Chase customer your most sensitive financial information may now be in the hands of criminals.
JPMorgan Chase, while taking the hack seriously, also had these less-than-comforting words:
“Companies of our size unfortunately experience cyberattacks nearly every day,” Patricia Wexler, a JPMorgan spokeswoman, said. “We have multiple layers of defense to counteract any threats and constantly monitor fraud levels.”
So, where does this leave you?