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Jamie Dimon: Cybersecurity No. 1 Threat to Finance Industry

JPMorgan Chase CEO Jamie Dimon has warned the financial services industry that the “biggest threat” it faces is cybersecurity. So reports Yahoo Finance.

In his annual letter, Dimon said JPMorgan devotes almost $600 million annually and a workforce of 3,000 people to cybersecurity. “The good news is that the industry (plus many other industries), along with the full power of the federal government, is increasingly being mobilized to combat this threat,” Dimon wrote.

Read the full article from Yahoo Finance.

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