re: 76 million chase accounts hacked

quote:

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So does this mean it's time to switch banks, or can we assume that after this breach Chase will actually have better security in place than the banks that haven't been hit and forced to improve their security yet?

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They will most definitely take steps to improve security. The scary part, though, is that banks have pretty ridiculous requirements already. Assuming Chase has implemented everything, it makes me wonder what exactly can be done to prevent something like this.

With the technology and intelligence people have these days, I can see cyber crimes becoming as punishable as treason as the last measure of prevention. The sky is the limit for hackers otherwise.