J.P. Morgan's $200 million problem (and Target's and Yahoo's and Barclays' ...)

  @FortuneMagazine February 27, 2014: 8:18 AM ET
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(Fortune)

Becky Quick is an anchor on CNBC's Squawk Box.

This is the era of big data. Corporate America is collecting so much information on us that companies don't know what to do with it all. But are they protecting it?

The resounding answer lately seems to be no. Every time you turn around there's a new tale of espionage, with thieves plundering our personal information -- our bank accounts and PIN codes, addresses, and phone numbers. Data breaches at Target, Neiman Marcus, Barclays, and Yahoo's email service alone have yielded information on more than 70 million consumers in recent months. And those are just the attacks we know about.

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