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Originally Posted by RummyBoy
It is HIGHLY likely to be the Russians - the promiximity to sanctions against Russia and who now has a vested interest?
If you trawl youtube, you will find countless videos of defence, government and financial analysts warning that any kind of sanctions against Russia could result in them unleashing their hackers. Actually its Jim Rickards who's been the loud voice on the subject.
And its as though they've been watching his videos because it happened exactly as he said it would. However, the issue is that what Russia is doing right now is just the tip of the iceberg - they're not causing damage, they're providing a serious warning just to show what they're capable of.
JPM was a very hard target and they broke it with ease. The problem is that nobody noticed, so they went to great pains to leave some evidence to show what they did.
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After reading the NYTimes article posted by Barry I think it is too early to tell. Banks have so many enemies, from within US and outside. Also, the people who use JPMorgan could be targets as well. China could just as easily be gathering data on its wealthiest ex-pats as that pot has been brewing this year as China's elite flees the mainland.
Will be interesting to see what is reported.