Unemployment recipients hit hard in JPMorgan Chase breach
Roughly 20,000 unemployment insurance recipients in Texas are among the 465,000 individuals who had prepaid cash cards compromised in the breach of banking and financial services holding company JPMorgan Chase, disclosed earlier this month, according to a San Antonio Express report.
The prepaid cash cards were used by corporations to pay employees and for government agencies to issue tax refunds, unemployment compensation and other benefits. Hackers breached www.ucard.chase.com and gained access to the information, which appeared in plain text during the attack.
Also on the impacted list are up to 8,500 people getting unemployment benefits in Michigan, approximately 1,850 individuals receiving unemployment insurance, temporary disability or child-support payments in Rhode Island, about 1,300 recipients of unemployment benefits in Maine and another 800 from Massachusetts.