Pavel Durov, founder of the Russian social network VKontakte, was home alone in his apartment in St. Petersburg on a weekend when a contingent of men in camouflage uniforms knocked violently on his door.
JPMorgan Chase & Co has revealed that the personal information of 83 million accounts were exposed when the company’s computer systems were infiltrated this year, making the data breach one of the largest in history.
JPMorgan Chase & Co., the biggest U.S. bank, said a previously disclosed data breach affected 76 million households and 7 million small businesses. Customer names, addresses, phone numbers and e-mail addresses were taken, the New York-based bank said today in a regulatory filing.
SAN FRANCISCO—Privacy and security are in a necessary but inevitable tension, reflected former Secretary of State Hillary Clinton while speaking at data storage and software provider Nexenta’s OpenSDx Summit on Thursday.
New and subtle business models are emerging for cybercriminals, boosting their sales of stolen data and offering new ways to inflict damage on target organisations. Hackers are commercialising stolen data by selling it back to legitimate businesses, one security expert has warned.
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