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The JPMorgan "Summer Hack" Spotlights the Profit Potential of This Brand-New Business

Early today, federal prosecutors filed charges against three hackers in connection with a 2014 cyberattack against JP Morgan Chase & Co. (NYSE: JPM) that affected 83 million people, 7 million businesses and several financial-news outfits.

In both magnitude and potential fallout, the JPMorgan cyber-assault dwarfed earlier high-profile attacks at Target Corp. (NYSE: TGT) and Home Depot Inc. (NYSE: HD) - both in magnitude and potential damage.

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