JPMorgan Had Exodus of Tech Talent Before Hacker Breach

[InfoSec News <alerts () infosecnews org>]

http://www.bloomberg.com/news/2014-09-05/jpmorgan-had-exodus-of-tech-talent-before-hacker-breach.html

By Hugh Son and Michael Riley
Bloomberg.com
Sep 5, 2014

As hackers pierced JPMorgan Chase & Co.’s (JPM) defenses in June, the 
bank’s cybersecurity chief was just getting acquainted with his employer 
and its sprawling technology infrastructure.

Greg Rattray, a former U.S. Air Force commander for information warfare, 
became JPMorgan’s head of information security that month after upheaval 
at the highest levels of the bank’s tech division. His predecessor, 
Anthony Belfiore, had resigned early this year to join at least five 
JPMorgan leaders at First Data Corp. In between, Anish Bhimani was acting 
security officer while holding at least one other tech role.

“It sucks that this happened at the beginning of Greg’s watch, but this is 
a legacy issue,” said Tom Kellermann, chief cybersecurity officer at 
anti-virus software firm Trend Micro Inc. “They had an acting person who 
was juggling way too much, with no one fully dedicated to the role for a 
bit of time.”

JPMorgan, led by Chief Executive Officer Jamie Dimon, 58, has rushed to 
determine the scope of the assault and restore confidence in security at 
the biggest U.S. lender. While hackers targeted other banks’ systems, 
JPMorgan is the only bank said to have had gigabytes of data stolen, 
including information on customer accounts.

[...]

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