The weak spot at JPMorgan appears to have been a fairly simple two-step password system that was neglected, leading to a major security breach this summer.

Source: http://rss.nytimes.com/c/34625/f/640387/s/41b3bfd7/sc/1/l/0Ldealbook0Bnytimes0N0C20A140C120C220Centry0Epoint0Eof0Ejpmorgan0Edata0Ebreach0Eis0Eidentified0C0Dpartner0Frss0Gemc0Frss/story01.htm

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