21/12/2021
So JP Morgan Chase in the US was just fined $280 million dollars for allowing their employees to use Whatsapp and other unmonitorable services for business purposes, it's a good reminder that we need to build information systems that are aligned with government regulation and that there is a lot of it to be aligned to!
On the other hand, JP Morgan Chase had 2020 revenues of US$119.5 billion and had net income of US$29.1 billion, so it may not be feeling that much pain from the fine
Slammed over widespread failure to keep accurate business records.