Cybersecurity has thousands of job openings and a lack of qualified applicants. Recent graduates with the skills can write their own ticket.
Bank of America’s cybersecurity team can spend as much as needed to protect the firm and its customers, Chief Executive Officer Brian T. Moynihan said.
As hackers pierced JPMorgan's defenses in June, the bank’s cybersecurity chief was just getting acquainted with his employer and its sprawling technology infrastructure.
JPMorgan Chase's own investigators have found clues that a global network of computers available for hire by sophisticated criminals was used to reroute data stolen from the bank to a major Russian city, according to people familiar with the probe.
JPMorgan Chase CEO Jamie Dimon has pledged billions of dollars to improve compliance and cybersecurity. That’s not stopping regulators from treating the bank as if it were riskier than ever.