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J.P. Morgan found hackers through breach of corporate event website - media

JP Morgan Chase & Co sign outside headquarters in New YorkJ.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter. According to the reports, the bank discovered that the intruders had used some of the same offshore servers to hack both the bank and the website of the JPMorgan Corporate Challenge. The New York Times said the breach was part of a repository of a billion stolen passwords and usernames from some 420,000 websites that a Milwaukee-based security consulting firm, Hold Security, had traced to a gang of Russian hackers. Further investigation by Hold and JPMorgan security specialists revealed that in April the hackers had obtained the website certificate for the Corporate Challenge site's vendor, Simmco Data Systems, allowing hackers access to any communications between visitors and the website, including passwords and email addresses, the Times reported.


J.P. Morgan found hackers through breach of corporate event website -WSJ

Oct 31 (Reuters) - J.P. Morgan Chase & Co learnedabout hackers who stole the bank's contact information for 76million households and 7 million small businesses through acorporate event that it sponsors, the Wall Street Journalreported, citing people familiar with the matter. According to the report, the bank discovered that theintruders had used some of the same offshore servers to hackboth the bank and the website of the J.P. Morgan CorporateChallenge. It was not clear when the bank might have discovered theproblem had the hackers not used the same I.P. ...

Unknown election outcome is stocks' big fear

A trader looks up at screen as he works on floor of New York Stock Exchange shortly before closing of the market in New YorkBy Ryan Vlastelica NEW YORK (Reuters) - A handful of toss-up U.S. Senate races next week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility. U.S. investors appear less concerned with whether Republicans take control of the Senate, as expected, or Democrats hang on to their majority by a slim margin. They just want to know - come Wednesday morning - the actual outcome. ...


Dow, S&P 500 end at record highs; BoJ move adds fuel to rally

Traders work on the floor of the New York Stock ExchangeBy Caroline Valetkevitch NEW YORK (Reuters) - The Dow and S&P 500 ended at record highs on Friday and other indexes posted strong gains for a second week after the Bank of Japan's surprise move to ramp up its stimulus program. Major indexes also posted gains for the month, putting in a sharp recovery from their recent selloff that almost drove the S&P 500 into correction territory. The benchmark index is now up 8.4 percent from its Oct. 15 low and up 9.2 percent for the year so far. The Nasdaq finished at its highest since March 2000, while for the week the Dow rose 3. ...


Wall Street caps a wild month with a rally

Costumed characters distribute Hershey candies as trader Edward Curran works on the floor of the New York Stock Exchange, Friday, Oct. 31, 2014. U.S. stocks are opening higher following big gains in Asia after Japan made moves to rev up its economy. (AP Photo/Richard Drew)NEW YORK (AP) ? For stock investors, there was no shortage of drama in October.


LinkedIn and GoPro are big market movers

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE LinkedIn Corp., up $26.06 to $228.96 The online professional social network reported ...

Comcast spin-off to list on Nasdaq in 2015

(Reuters) - Midwest Cable Inc, the cable company to be spun off from Comcast Corp after it buys Time Warner Cable Inc , said it would list its Class A common stock on the Nasdaq under the symbol "GLCI" in 2015. Upon completion of the merger, the company will change its name to GreatLand Connections Inc. (http://1.usa.gov/1tI9CiA) Comcast said in April it would divest 2.5 million subscribers across the U.S. Midwest and southeast into a new publicly traded company that would be two-thirds owned by Comcast shareholders and one-third by Charter. This was part of a three-way deal between Comcast, Charter Communications Inc and Time Warner Cable, aimed at winning regulatory approvals for Comcast's proposed $45 billion purchase of Time Warner Cable Inc. (Reporting By Lehar Maan in Bangalore;

U.S. Fed awards most reverse repos in over four weeks

The United States Federal Reserve Board building is shown in WashingtonNEW YORK (Reuters) - The U.S. Federal Reserve awarded $186.28 billion in fixed-rate reverse repurchase agreements on Friday, the highest amount in more than four weeks, due to strong investor demand for ultra short-dated, risk-free assets at month-end. The central bank has been testing them as a tool to drain cash from the financial system to achieve their interest rate target when it decides to tighten monetary policy. At Friday's operation, the Fed paid 72 bidders including Wall Street firms, money market funds and mortgage finance agencies an interest rate of 0. ...


 
 
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