I think it is helpful to remember that this story came to us through good journalism, so we are lucky to know this much, and surely damage-control is a natural next move for a business caught out. What I do know is the technology is on the market, and why wouldn't a business use it if they can do it privately while avoiding the mistakes of JP Morgan?

I almost spit out my coffee because I thought you were about to say: "Yes, but IIRC, the project was cancelled or greatly scaled back after Senior Management discovered that Sauron was also reading their emails and just not the orcs in Sector 7G.