Several large U.S. banks, including JPMorgan Chase and Bank of New York Mellon, are reassessing their information-sharing practices with the Office of the Comptroller of the Currency (OCC) due to a recent cyberattack. This incident, labeled a "major incident" by the OCC and U.S. Treasury, involved unauthorized access to over 100 accounts within the OCC's email system, leading banks to worry about the potential compromise of sensitive data. As a result, many banks are seeking more secure ways to transmit information, with ongoing concerns about the nature of the breach and the OCC's response.
JPMorgan Chase and Bank of New York Mellon have halted electronic information-sharing with the OCC, citing concerns after a major cyberattack compromised sensitive information.
The OCC experienced a breach that reportedly accessed over 100 accounts in its email system, raising alarms among major U.S. banks regarding data security.
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