JPMorgan Chase & Co.'s CSO Jim Cummings was reportedly reassigned to a new position within the bank following the company's major data breach this past year.
Bloomberg reported that it obtained a memo indicating that Cummings would be moving to Texas to “work on military and veterans housing initiatives for the bank.” During his CSO tenure, Cummings supervised more than 1,000 people. He formerly served as the head of the U.S. Air Force's cyber-combat unit.
Greg Rattray formerly served as CISO at the bank and was reassigned in June to become the head of global cyber partnerships and government strategy.
Bloomberg reported that company insiders said both Cummings and Rattray brought military culture to the bank, which didn't always mesh with JPMorgan's Wall Street ways.
The duo reportedly blamed Russia for the major breach, which was later attributed to cybercriminals.