Why J.P. Morgan Chase & Co. Is Spending A Half Billion Dollars On Cybersecurity

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J.P. Morgan lays out its Forward-Looking Statements which are, by their nature, subject to risks and uncertainties, many of which are beyond the Firm’s control. These two statements speak directly to cyber risks:

  • Ability of the Firm to maintain the security of its financial, accounting, technology, data processing and other operating systems and facilities.
  • Ability of the Firm to effectively defend itself against cyberattacks and other attempts by unauthorized parties to access the Firm’s information or disrupt its systems.

Read the full article at http://www.forbes.com/sites/stevemorgan/2016/01/30/why-j-p-morgan-chase-co-is-spending-a-half-billion-dollars-on-cybersecurity/#24077cba2a7f

Author: Steve Morgan

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