--- description: Federal authorities are helping to investigate reported cyber attacks against several banks, including JPMorgan Chase, the FBI said. title: Feds Investigating Cyberattack on JPMorgan Chase and Other Banks image: https://static.time.com/v3/assets/bltea6093859af6183b/bltded7099a2a99ee52/6986a13506f2c1960233079a/453531334.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [U.S.](/section/us/) ## U.S. Update your preferences in [Account Settings](/account/preferences/) Close # Feds Investigating Cyberattack on JPMorgan Chase and Other Banks  by [Noah Rayman](/author/noah-rayman/)  ## Noah Rayman Update your preferences in [Account Settings](/account/preferences/) Close Aug 28, 2014 11:54 AM CUT  A man walks past JP Morgan Chase's corporate headquarters on August 12, 2014 in New York City. A man walks past JP Morgan Chase's corporate headquarters on August 12, 2014 in New York City.Andrew Burton—Getty Images  by [Noah Rayman](/author/noah-rayman/)  ## Noah Rayman Update your preferences in [Account Settings](/account/preferences/) Close Aug 28, 2014 11:54 AM CUT Federal authorities are helping to investigate reported [cyberattacks against JPMorgan Chase and other banks](http://www.washingtonpost.com/world/national-security/fbi-probes-hack-into-jpmorgan-chases-computers/2014/08/27/d42f992c-2e31-11e4-bb9b-997ae96fad33%5Fstory.html "undefined"), the Federal Bureau of Investigation said. FBI Supervisory Special Agent Joshua Campbell told the Washington _Post_ in a statement late Wednesday that the agency was working with the Secret Service “to determine the scope of recently reported cyber attacks against several American financial institutions.” Multiple news outlets, including [Bloomberg News](http://www.bloomberg.com/news/2014-08-28/russian-hackers-said-to-loot-gigabytes-of-big-bank-data.html "undefined") and [The New York _Times_](http://www.nytimes.com/2014/08/28/technology/hackers-target-banks-including-jpmorgan.html?hp&action=click&pgtype=Homepage&version=HpSum&module=second-column-region®ion=top-news&WT.nav=top-news "undefined"), are reporting that the banks were infiltrated by hackers who stole gigabytes of data, including information that would enable them to siphon money from accounts. Both organizations cite unnamed sources. The motivation behind the attacks and the identity of the attackers is still unclear, though Bloomberg, which first reported the intrusions, reports that at least one of the banks was linked to Russian hackers. Earlier this month, a U.S. cybersecurity firm said that a Russian crime ring was suspected of obtaining access to [a record 1.2 billion username and password combinations](http://time.com/3086191/russian-hack/ "undefined"). \[[_Washington Post_](http://www.washingtonpost.com/world/national-security/fbi-probes-hack-into-jpmorgan-chases-computers/2014/08/27/d42f992c-2e31-11e4-bb9b-997ae96fad33%5Fstory.html "undefined")\] ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3206030/cyberattack-jpmorgan-chase-banks/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3206030/cyberattack-jpmorgan-chase-banks/"},"headline":"Feds Investigating Cyberattack on JPMorgan Chase and Other Banks","datePublished":"2014-08-28T11:54:01.000Z","dateModified":"2026-04-13T08:03:03.156Z","description":"The motivation is still unclear","url":"https://time.com/3206030/cyberattack-jpmorgan-chase-banks/","keywords":["Tech","russia","Crime","FBI","Cybercrime"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltded7099a2a99ee52/6986a13506f2c1960233079a/453531334.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Noah Rayman","jobTitle":null,"url":"https://time.com/author/noah-rayman/"}],"articleSection":"U.S.","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltded7099a2a99ee52/6986a13506f2c1960233079a/453531334.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"U.S. Banks Post Near-Record Profits In Second Quarter Of 2014","caption":"U.S. Banks Post Near-Record Profits In Second Quarter Of 2014","creditText":"Andrew Burton—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/us/","name":"U.S."}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/3206030/cyberattack-jpmorgan-chase-banks/","name":"Feds Investigating Cyberattack on JPMorgan Chase and Other Banks"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"Watch: Here Are the World's Five Cybercrime Hotspots","description":"More cyber criminals are entering into the game at a quicker pace than quite honestly we can keep up with","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/S9ZS5zEF/poster.jpg?width=720","uploadDate":"2014-08-07T12:13:47.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/S9ZS5zEF.m3u8","embedUrl":"https://time.com/3206030/cyberattack-jpmorgan-chase-banks/","duration":"PT1M15S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/3206030/cyberattack-jpmorgan-chase-banks/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```