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JPMorgan Chase faces 45 billion daily cyber attack attempts

Shortpedia

Content Team
Image Credit: newsbytes

JPMorgan Chase, the US's largest bank in terms of assets, is currently battling a staggering 45 billion daily hacking attempts, which is twice the number from last year. This alarming increase underscores the growing cybersecurity threats faced by the bank and other major Wall Street institutions. Mary Callahan Erdoes, the head of JPMorgan Chase's asset and wealth management division, shared this information at the World Economic Forum in Davos, Switzerland.