[ISN] JPMorgan Had Exodus of Tech Talent Before Hacker Breach

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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