JPMorgan Admits Massive Data Breach

76 million households and 7 million small businesses data compromised, which is pretty much all of their retail customers in the US

One person briefed said more than 90 of the bank’s servers were affected, effectively giving the hackers high-level administrative privileges in the systems.

Faced with the rising threat of online crime, JPMorgan has said it plans to spend $250 million on digital security annually, but had been losing many of its security staff to other banks over the last year, with others expected to leave soon.

It’s only a matter of time, if it hasn’t happened already, before we get a similar story out of RBS, Barclays, Santander etc etc story
New York Times Story