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December 8, 2016 / 8 Kislev, 5777

Posts Tagged ‘Treasury’

‘Russian Hackers’ Attack Millions of JP Morgan Chase Bank Accounts

Sunday, October 5th, 2014

Hackers working from deep inside Mother Russia – with at least some level of government approval, according to a report by The Washington Times – were behind a massive cyber attack on the United States-based JP Morgan Chase Bank this past July.

More than 83 million accounts were compromised – names, addresses, phone numbers and contact information — on more than 90 servers that were accessed. More than seven million small businesses were compromised.

According to a report in The New York Times, the hackers were able to steal “a list of every application and program deployed on standard JP Morgan computers that hackers can cross check with known, or new, vulnerabilities in each system in a search for a backdoor entry.”

All accounts that were compromised were disabled and employee passwords were reset. Customers were told they would not need to change their account information or passwords, and Chase Bank said it would not hold customers liable for unauthorized transactions, according to Associated Press.

Intelligence agencies, the Secret Service and the Treasury all worked together with JP Morgan Chase to lock out the hackers, but it took until August until they were able to do so, the Times reported.

Hana Levi Julian

Treasury’s Cohen to Turkey, UAE to Talk Iran Sanctions

Tuesday, January 28th, 2014

Treasury Undersecretary David Cohen, the top Obama administration official monitoring Iran sanctions compliance, will visit Turkey and the United Arab Emirates.

The Treasury Department announcement Monday casts this week’s visit in the context of making sure nations still comply with the main sanctions even as a number of sanctions have been removed while talks, known as the Joint Plan of Action, or JPOA, are underway between Iran and the major world powers aimed at keeping Iran from obtaining a nuclear weapon.

“Undersecretary Cohen will discuss the limited and temporary sanctions relief provided under the JPOA and continued enforcement of existing international economic sanctions against Iran,” the Treasury statement said.

Cohen and other Obama administration officials in recent weeks have pushed back against claims that the talks will relieve pressure on Iran and have noted sanctions enforcement.

A number of reports have said that several nations, particularly Russia and Turkey, are exploring enhanced business ties with Iran in the wake of the talks.

JTA

Printed from: http://www.jewishpress.com/news/breaking-news/treasurys-cohen-to-turkey-uae-to-talk-iran-sanctions/2014/01/28/

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