A global network of computers used to acquire bank data from JP Morgan was found to be rerouting the information to a Russian city, according to investigators. Recent proliferation of cybercriminals have alerted investigations from the United States Federal Bureau of Investigation and the National Security Agency in the wake of the JP Morgan attacks, and the recent Apple account hacks that targeted celebrities  – showing how sophisticated attacks can be hard to pursue.

The recent cyberattacks have shown flaws in online data security, and companies are scrambling to stay ahead of the threats. Despite the data trace on the JP Morgan attacks, Russian spokesperson for President Vladimir Putin has denied the allegations and called the accusations “nonsense”.

Read more about this on the Sydney Morning Herald website.