Cyber Attacks on Six Major American Banks
Oct 01, 2012
According to reports, some of the United States biggest financial institutions including Wells Fargo, JPMorgan Chase, Bank of America, Citigroup, and Bancorp were hit by a series of cyber attacks last week, by a group claiming Middle Eastern ties, that caused Internet blackouts and delays in online banking. The banks suffered denial-of-service attacks, in which hackers barrage a website with traffic until it is overwhelmed and shuts down. Such attacks, while a nuisance, are not technically sophisticated and do not affect a company's computer network or, in this case, funds or customer bank accounts. Hacktivists, calling themselves " Mrt. Izz ad-Din alQasssam Cyber Fighters ," attacked Wells Fargo and posted on Pastebin that U.S. Bancorp and PNC Financial Services Group are next. The group said it had attacked the banks in retaliation for an anti-Islam video that mocks the Prophet Muhammad. It also pledged to continue to attack American credit and financial in...