CEOs of some of Wall Street's biggest firms highlight cyberattacks as the top threat to the financial system.
, JPMorgan CEO Jamie Dimon said cybersecurity"may very well be the biggest threat to the US financial system."
At the time, JPMorgan spent $250 million on cybersecurity — now it spends $600 million a year. It has more than 3,000 employees engaged in the effort and the bank recentlyOther Wall Street CEOs are also expressing concern. In their, aside from Dimon, the CEOs of Goldman Sachs, Morgan Stanley, and Bank of America also cited cyberattacks as the top risk.
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