JPMorgan said tested staff - and many failed!

Would you have passed the test ?

Just weeks after falling victim to a massive cyber theft of customer assets, JPMorgan sent a fake phishing email to all employees to test their reaction. You can probably guess what happened next.

Finextra reports that it's an old axiom that the biggest threat to information security comes from the inside.

In JPMorgan's case, while the simulated threat emanated from external actors, a massive 20% of staff clicked on the fake phishing email, according to the Wall Street Journal. In a real-life situation such an action would have downloaded a malicious payload directly onto the bank's networks.

In November, US prosecutors unveiled charges against three men accused of hacking into a host of major financial institutions, including JPMorgan Chase, and stealing the data of millions of people. Prosecutors described the JPMorgan hack - which resulted in the leaking of information from 76 million US housholds - as the 'largest theft of customer data from a US financial institution in history'.

To access the complete Finextra article hit the link below:

JPMorgan dupes 20% of staff in to opening fake phishing email

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