The JP Morgan data breach is known as one of the worst data breaches ever. A hacker had gotten in through one of the personal computers at JP Morgan. An Illinois attorney general expressed that this breach is the most troubling because of not only its magnitude, but also it proves hackers can get into anything and people cannot assume their information is safe anymore.
Vinny Troia, Certified Hacking Forensic Investigator and CEO of Night Lion Security, discusses this issue with Kevin O’Leary, Michelle Caruso-Cabrera and the staff of CNBC’s Closing Bell. Troia explains how the hackers did not take the passwords to people’s usernames because JP Morgan would notify everyone to change their passwords immediately. The hackers calculated their exact move and are experts in data breaching. Companies are now expecting breaches to happen and should be better prepared in the future.