J.P. Morgan Chase learned about hackers who stole the bank’s contact information for corporate and personal users through a corporate event that it sponsors.
According to reports, the hackers had originally gained access to the bank’s network by compromising the computer an employee with special privileges had used both at work and at home and then moved across the bank’s network to access contact data.
The Corporate Challenge website was later taken offline after the hacking of the site was discovered, the Journal reported, but the site was restored by the bank ahead of upcoming races in Shanghai and Singapore, although payments have been moved to a Chase website.
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