Would you have passed the test ?
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'.
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