JPMorgan Hackers Went Undetected for Years – Small CU Played Role in Scheme
More details are emerging about the massive criminal enterprise through which a group of five individuals hacked into the highly secure servers of JPMorgan and other large financial institutions, ran an illegal payment processing scheme and, for a shorter time, took over a very small New Jersey credit union to help launder money. Federal prosecutors and federal regulators are not saying why the scheme was able to go on for over three years without detection. [12/14/15]