Hired-gun hacking played key role in JPMorgan, Fidelity breaches

NEW YORK/SAN FRANCISCO (Reuters) – When U.S. prosecutors this week charged two Israelis and an American fugitive with raking in hundreds of millions of dollars in one of the largest and most complex cases of cyber fraud ever exposed, they also provided an unusual look into the burgeoning industry of criminal hackers for hire. The trio, who are accused of orchestrating massive computer breaches at JPMorgan Chase & Co and other financial firms, as well as a series of other major offences, did little if any hacking themselves, the federal indictments and a previous civil case brought by the U.S.

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Hired-gun hacking played key role in JPMorgan, Fidelity breaches