Pages

September 30, 2012

Filled Under: ,

Bankers Can’t Bank Online? BofA Blaming M.East Hackers? Or Is It A False Flag?

Cyber Monday
Cyber Monday (Photo credit: Kevin Marks)
Bank cyber attacks by Iran? Black Monday on October 1, 2012? Sounds like something from a sci-fi Spielberg movie but according to the American media, the financial and banking industries were on high alert on Sunday as a massive cyberattack apparently continued, with potentially millions of customers of Bank of America, PNC and Wells Fargo finding themselves blocked from banking online. Why did ABC and NBC News say that the attacks were caused by hackers in the Middle East? Is this all a false flag in order to begin war?

A report on investmentwatchblog quoted the vice president and senior adviser of the American Bankers Association Mr. Doug Johnson as saying that there is an elevated level of threat, and that this threat is now "high.”

“This is twice as large as any flood we have ever seen,” said Dick Clarke, an ABC News consultant and former cybersecurity czar. Sources told ABC News that the so-called denial of service attacks had been caused by hackers from the Middle East who had secretly transmitted signals commandeering thousands of computers worldwide. ABC NEWS - http://abcnews.go.com/US/hackers-block-us-banks-online-service-bank-america/story?id=17343055#.UGWYNkXyaCM


A group of purported hackers in the Middle East has claimed credit for problems at the websites of both banks, citing the online video mocking the founder of Islam. One security source called that statement “a cover” for the Iranian government’s operations. The attack is described by one source, a former U.S. official familiar with the attacks, as being “significant and ongoing” and looking to cause “functional and significant damage.” Also, one source suggested the attacks were in response to U.S. sanctions on Iranian banks.

Senior U.S. officials acknowledge that Iranian attacks have been the subject of intense interest by U.S. intelligence for several weeks. Last week, the Joint Chiefs of Staff’s Intelligence Directorate, known as J-2, confirmed continuing Iranian cyber attacks against U.S. financial institutions in a report described as “highly classified.” NBC NEWS - http://openchannel.nbcnews.com/_news/2012/09/20/13990206-officials-see-iran-not-outrage-over-film-behind-cyber-attacks-on-us-banks

Cyber attacks on JPMorgan, Wells Fargo expose serious vulnerabilities of U.S. banks

Cyber attacks on the biggest U.S. banks, including JPMorgan Chase & Co. (JPM) and Wells Fargo (WFC) & Co., have breached some of the nation’s most advanced computer defenses and exposed the vulnerability of its infrastructure, said cybersecurity specialists tracking the assaults. The attack, which a U.S. official said was waged by a still-unidentified group outside the country, flooded bank websites with traffic, rendering them unavailable to consumers and disrupting transactions for hours at a time.

Such a sustained network attack ranks among the worst-case scenarios envisioned by the National Security Agency, according to the U.S. official, who asked not to be identified because he isn’t authorized to speak publicly. The extent of the damage may not be known for weeks or months, said the official, who has access to classified information. Bloomberg - http://www.bloomberg.com/news/2012-09-28/cyber-attacks-on-u-s-banks-expose-computer-vulnerability.html
The articles posted on HellasFrappe are for entertainment and education purposes only. The views expressed here are solely those of the contributing author and do not necessarily reflect the views of HellasFrappe. Our blog believes in free speech and does not warrant the content on this site. You use the information at your own risk.