US and Israeli police detain four over JP Morgan cyber attack

Joseph Millis
US and Israeli police have arrested four people in Israel and Florida over securities fraud tied to computer hacks of JP Morgan, Bloomberg first reported.

Although Israeli police spokesman Micky Rosenfeld said: “Three Israeli citizens were arrested on 16 July and have been remanded in custody, appearing in court in Rishon Lezion, near Tel Aviv,” Rosenfeld told Reuters.

Israeli police sources said that the FBI had contacted them to ask for assistance, due to the involve­ment of Israelis. The FBI has made an extradition request.

JP Morgan said last October that names, addresses, phone numbers and email addresses of about 83m customers were exposed in a hacking attack, one of the biggest data breaches in history.

In the indictment, which was unsealed on Monday, two people were charged with securities fraud in a plan to pump up the value of low-volume stocks, Bloomberg said.

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