JPMorgan promoted its top cyber executive to run technology for its retail business and it shows how seriously the bank is taking security

JPMorgan Chase named Rohan Amin, previously the firm's global chief information security officer, the chief information officer of its consumer and community banking division.

Amin replaced Saul Van Beurden, who left the bank earlier this year for Wells Fargo, where he now serves as itsJPMorgan Chase has promoted its top cyber security executive to lead technology for its retail banking division, Business Insider has learned. In his new role, he'll oversee the technology for a client base of over 61 million households and four million small businesses managed by 135,000 employees. The move indicates the increasing focus and importance banks have put on cyber security in recent years, particularly when it comes to handling Main Street money.

So they bloody should.

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