DAVOS - Amid rising geopolitical tensions, JPMorgan disclosed today at the World Economic Forum in Davos that it faces a staggering 45 billion hacking attempts on a daily basis. This revelation underscores the escalating cybersecurity challenges confronting global financial institutions.
In response to the pervasive threat, JPMorgan is channeling a significant $15 billion each year into technology advancements, with the aim of bolstering its defenses against these relentless cyber-attacks. The bank's commitment to cybersecurity is further evidenced by its employment of a robust team of 62,000 technologists, dedicated to safeguarding the institution's digital infrastructure.
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