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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26027. (Read 26609705 times)

legendary
Activity: 1078
Merit: 1441
[Suspicious link removed]jj.com/articles/fbi-probes-possible-computer-hacking-incident-at-j-p-morgan-1409168480

If you look the video here, notice how they stress about the possibilities of 'frauds'. Notice also that in the article at that url they stress that EU banks too have been attacked. They also do allegations about Russia being behind it.

But why?
Because the USG is desperate to keep EU on their side, and are looking to cover the upcoming financial shenanigans in their country.


Edit:
This apparently innocent sentence can be found at the end of the article:
"The threshold for a military response is either massive economic harm or potential loss of life, he said."

Yeah I noticed the anti russian rhetoric,  hard not to , not just in this piece.

Edit: not sure what is up with that link.

legendary
Activity: 1078
Merit: 1441

Edit: not sure what is up with that link... I clicked it oppps... (no problem for me though)

The FBI is investigating a possible computer-hacking attack on J.P. Morgan & Co., in what people familiar with the situation described as a highly serious breach of corporate computer security. WSJ's Emily Glazer joins Simon Constable on the News Hub with more on this.

The Federal Bureau of Investigation is probing a computer-hacking attack on J.P. Morgan Chase JPM +0.49% & Co. and as many as four other banks, in what people familiar with the probe described as a significant breach of corporate computer security.

The timing and extent of the hacking attacks weren't immediately clear, though cybersecurity experts began probing the possible J.P. Morgan breach earlier this month, according to people familiar with the investigation.

J.P. Morgan said Thursday morning it isn't seeing "unusual fraud" and it is working closely with law enforcement to determine the scope of the attack. The largest U.S. bank by assets added that it is taking "additional steps" to safeguard sensitive or confidential information and will contact relevant parties as it learns more about who may have been impacted.


It stressed customers should contact the bank -- as always -- if any suspicious activity on their accounts is detected and they will not be liable for fraud.

People familiar with the investigation said the evidence gathered so far suggested hackers were able to make a significant foray into J.P. Morgan's computer system. People with knowledge of the probe said it appeared between two and five U.S. financial institutions may have been affected. The names of all targeted banks couldn't be immediately determined.

J.P. Morgan and federal cyber investigators are in discussions as they examine the apparent attack on the bank's computer system.

"Companies of our size unfortunately experience cyberattacks nearly every day," said Trish Wexler, a J.P. Morgan spokeswoman said Wednesday. "We have multiple layers of defense to counteract any threats and constantly monitor fraud levels."

The FBI said Wednesday it is "working with the United States Secret Service to determine the scope of recently reported cyber attacks against several American financial institutions."


The attack appears to have been caused by malicious computer code, known as malware, according to a person familiar with the matter.

Thefts of U.S. corporate data have in the past often come from hackers based in China, Russia or the former Soviet Union, though that doesn't mean the cyberattacks involve those governments. Just as in the U.S., hackers in those countries can act on their own and sell stolen data to other organizations.

The style of the attacks and the targets—large U.S. financial institutions—have led some people briefed on the investigation to suspect a possible Russian or Eastern European link. Russian organized crime often targets large financial institutions. But several people with knowledge of the investigation cautioned it is too early to tell who was behind the attacks.

Hackers appear to have originally breached J.P. Morgan's network via an employee's personal computer, a person close to the investigation said. From there, the intruders were able to move further into the bank's inner systems. Employees often use software to tap in to corporate networks from home through what are known as virtual private networks.

Such an attack would mark the latest instance in which a large corporate network was breached by a weak external link. When hackers stole 40 million payment-card numbers from Target Corp. TGT -0.46% last year, they originally infiltrated the retailer by stealing a ventilation contractor's password.

J.P. Morgan Chase's corporate headquarters in New York City. Getty Images

In mid-August, cybercriminals hacked in to nearly 1,000 grocery stores around the U.S. The common link: Supervalu Inc. SVU -0.93% of Eden Prairie, Minn., which managed the stores' technology services and had remote access to those locations, people familiar with that incident have said.

In recent weeks, J.P. Morgan called numerous security vendors with concerns it had a problem, people close to the investigation said. The bank in recent months hired a number of employees with Defense Department experience because the firm treats cybersecurity as a problem akin to military security, people familiar with the matter said.

Cybersecurity has been a chief concern—and cost—for large banks over the past few years.

J.P. Morgan, along with other banks, has been vulnerable to attacks in the past, particularly so-called distributed denial of service threats, known as DDoS. These attacks knock websites offline by flooding them with useless traffic. Iranian hackers aimed a DDoS attack at J.P. Morgan, U.S. Bancorp, PNC Financial Services Corp. and Wells Fargo & Co. in 2012, according to U.S. officials.

James Dimon, chairman and chief executive of J.P. Morgan, wrote in his annual shareholder letter this year that the bank will spend more than $250 million annually and have about 1,000 people focused on cybersecurity by the end of 2014. That includes building and running three Cybersecurity Operations Centers in its regional headquarters to coordinate incoming information, identify threats, create response procedures and coordinate security of its buildings world-wide, he wrote.

"Cyberattacks are growing every day in strength and velocity across the globe," he wrote. "It is going to be a continual and likely never-ending battle to stay ahead of it—and, unfortunately, not every battle will be won."

Write to Danny Yadron at [email protected], Emily Glazer at [email protected] and Devlin Barrett at [email protected]
legendary
Activity: 2324
Merit: 1125
my theory is that ww3 is short-term bearish, long-term bullish

For whom or what? Bitcoin?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
my theory is that ww3 is short-term bearish, long-term bullish
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
[Suspicious link removed]jj.com/articles/fbi-probes-possible-computer-hacking-incident-at-j-p-morgan-1409168480

If you look the video here, notice how they stress about the possibilities of 'frauds'. Notice also that in the article at that url they stress that EU banks too have been attacked. They also do allegations about Russia being behind it.

But why?
Because the USG is desperate to keep EU on their side, and are looking to cover the upcoming financial shenanigans in their country.


Edit:
This apparently innocent sentence can be found at the end of the article:
"The threshold for a military response is either massive economic harm or potential loss of life, he said."
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1125

Don't sell to rebuy (unless the underlying is overvalued).
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos

Very nice. Text is cryptic, voice is appropriate, music is pleasant.  Smiley.  The video, well...  Saturatiooon
legendary
Activity: 1078
Merit: 1441
Edit [Suspicious link removed]jj.com/articles/fbi-probes-possible-computer-hacking-incident-at-j-p-morgan-1409168480
FNG
hero member
Activity: 588
Merit: 500
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl

To help you get out of the funk, if only fleetingly, here is a link to news about glaring security problems with legacy cash transfer infrastructure: http://www.providencejournal.com/breaking-news/content/20140830-armored-car-rolls-over-spilling-money-bags-onto-route-10-in-cranston-truck-occupants-hurt.ece.

Also a small fact: some noobs are new, some are puppets, some just don't want you to remember them.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos

conclusion:  this year Tesla motors stock so far did better than Bitcoin ... 2 innovations, one is being more embraced than the other, which is really interesting due to the fact that not everyone can afford a Tesla car.

They are promising, no doubt. The pun in the graph was because they sold 10k cars last year and have a market cap like Ford Company, that sold millions.
legendary
Activity: 1078
Merit: 1441

conclusion:  this year Tesla motors stock so far did better than Bitcoin ... 2 innovations, one is being more embraced than the other, which is really interesting due to the fact that not everyone can afford a Tesla car.

Didn't Elon Musk just "give away" or opensource all of the patents held my Tesla motors a few weeks back?

(yes same  Elon Musk of PayPal fame)


http://www.forbes.com/sites/investor/2014/06/13/tesla-giving-away-its-patents-makes-sense/


Also that reusable rocket wow.... just wow
hero member
Activity: 504
Merit: 500
Moderator
http://www.musictory.com/music/Death+In+June/Kapitulation

Right now on heavy rotation:'

Death in June -Kapitulation

In the summer
The fires come
In mid-summer
The fires burn
And everything disappears
And everybody hears

Kapitulation (x4)

One week after
The death of the leader
Two weeks after
The birth of me
In the field of blackbirds
We beg to differ
In the field of blackbirds
We disagree

Kapitulation (x4)

Our colour: the universe, grey!
Our colour: the universe, prey!
Our reason: I cannot say
Our judgement: we learn today

Kapitulation (x4)

In the winter
The fires come
In mid-winter
Our pyres burn
And all disappears
Yet nobody hears

Kapitulation
legendary
Activity: 1148
Merit: 1001
things you own end up owning you

conclusion:  this year Tesla motors stock so far did better than Bitcoin ... 2 innovations, one is being more embraced than the other, which is really interesting due to the fact that not everyone can afford a Tesla car.
legendary
Activity: 1078
Merit: 1441
looks like i am a lucky weak hand...lol
oldbones - new account
yep...registered very late...so what?
i registered mainly to ignore the trolls
so what... well basically when crop after crop of newbie accounts sign up, and then treat us with one liner insights all within a few days of each other, and all saying the same thing... I and most everyone else just thinks... oh look its that faaaaaalaing guy or the duuuump guy or the x other sockpuppet twats that come on here with their insightful "I just got out, I am so lucky" crud that it gets tired...
much wow, much information,much communication, such much waste
It is like a plague , I wish newbie accounts banned from this thread tbh... if it is not sockpuppets, it is headless chickens
tis my opinion- sue me

i should have kept you on ignore

Like I could give a flying hoot


ps sorry if you are genuine, but the "I am all out crowd" of newbie one liner accounts is nothing new around here.. and it gets tired, like I said my opinion, and if I am wrong about you sorry, other than that sue me, my normal response is "fairwell" "goodbye" "cheerio" but that is getting tired too.
legendary
Activity: 1078
Merit: 1441

yep...registered just now...so what?

i registered mainly to spread fear, uncertainty and doubts

Corrected.

Name:   grappa_barricata
Posts:   163
Activity:   14
Position:   Newbie
Date Registered:   August 19, 2014, 02:12:23 PM


Difference is the Grappa man takes the time to contribute , other than one liners... newbs are not the problem...

newbs account set up that are full of shit are


and confirmed!

The difference is that the Grappa man takes the time to contribute , other than one liners... newbs are not the problem...

newbs account set up that are full of shit are

confirmed

sr. member
Activity: 378
Merit: 254
Weak minds are incapable of vision, conviction.  Weak minds connect to weak hands.  Thus does wealth gravitate to those who are able to form sound conclusions and retain them in the face of an onslaught of deceit.  With strong hands we scale the mountains of adversity.



Let's stop playing into "it's a cult!" myth, k?
full member
Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
looks like i am a lucky weak hand...lol
oldbones - new account
yep...registered very late...so what?
i registered mainly to ignore the trolls
so what... well basically when crop after crop of newbie accounts sign up, and then treat us with one liner insights all within a few days of each other, and all saying the same thing... I and most everyone else just thinks... oh look its that faaaaaalaing guy or the duuuump guy or the x other sockpuppet twats that come on here with their insightful "I just got out, I am so lucky" crud that it gets tired...
much wow, much information,much communication, such much waste
It is like a plague , I wish newbie accounts banned from this thread tbh... if it is not sockpuppets, it is headless chickens
tis my opinion- sue me

i should have kept you on ignore
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