Risk of cyber incidents weigh heavily on businesses for 2024, report finds

JPMorgan Chase executive Mary Callahan Erdoes said Wednesday the bank deals with a massive onslaught of hackers trying to commit system breaches on a daily basis. 

“There are people trying to hack into JPMorgan Chase 45 billion times a day,” she said, calling those occurrences “2x what it was last year.” She said the bank, which puts $15 billion toward cyber security and technology each year, has thwarted the daily efforts of suc