Cybersecurity
JPMorgan's Security Chief Jim Cummings Reassigned to Texas
- Executive expressed interest in returning to Texas, memo says
- Bank reassigned chief information security officer in June
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JPMorgan Chase & Co. reassigned an executive overseeing its global security, making him the second official in five months to take a new post after investigators linked stock fraudsters to a massive data breach last year.
Chief Security Officer Jim Cummings, who oversaw a team of more than 1,000 people, will move to Texas to work on military and veterans housing initiatives for the bank, according to a memo obtained Wednesday by Bloomberg. Cummings, a former head of the U.S. Air Force’s cyber-combat unit, asked to move back to the state to be with family and also will serve as corporate location leader in San Antonio, the memo said.