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JPMorgan invites white-hat hackers to security team - American Banker

JPMorgan Chase is allowing so-called ethical hackers to probe its websites for soft spots, making it one of a limited number of banks to employ a cybersecurity practice common among startups.

JPMorgan declined to say whether the glitch-finding initiative — known as the "JPMorgan Chase Responsible Disclosure Program" and openly discussed on its website — has spotted any security issues or whether it has rewarded any of the cybersecurity researchers for their work.

Full article here.

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Botnets increasingly prey on small banks and credit unions - American Banker