The Top 9 Most Costly Financial Services Data Breaches
JP Morgan Chase, CitibankType: Identity Theft
In January 2011, JP Morgan Chase and Citibank disclosed that a Staten Island, NY, resident somehow obtained the personal information of JPMorgan Chase Bank and Citibank customers, according to privacyrights.org. The woman then used the information to steal more than $300,000 from Chase and $30,000 from Citibank. The woman visited banks in and around Manhattan between November 26, 2007, and April 29, 2010. She used forged driver's licenses to make fraudulent withdrawals.