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Banking sites crippled by Iran-sponsored DDoS, US officials claim

Discussion in 'TechSpot News and Comments' started by Rick, Jan 10, 2013.

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  1. Rick TechSpot Staff Posts: 6,248   +38

    Iran is being blamed for a recent wave of cyberattacks, namely a series of Distributed Denial of Service attacks launched against major financial institutions. Affected financial institutions include, but may not be limited to, Bank of America, Chase, Citigroup, Wells Fargo,...

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    Rick, Jan 10, 2013
    #1

  2. ikesmasher TechSpot Addict Posts: 1,117   +80

    If I find my bank account drained tommorow, ill know who to blame then..


    The banks who were robbed.
    ikesmasher, Jan 10, 2013
    #2

  3. Vrmithrax TechSpot Paladin Posts: 1,071   +84

    Great timing to coincide with Anonymous and their recent stand on legalities of DDoS... Heh
    Vrmithrax, Jan 10, 2013
    #3

  4. davislane1 TechSpot Booster Posts: 367   +80

    Iranian gov't wants money --> Iranian intelligence hits banking sites --> Iranian managers short financials just before DDoS --> U.S. media reports, acts surprised --> Market reacts --> Iran makes a quick buck.

    Well, that's how it works if they're being smart about it.
    davislane1, Jan 10, 2013
    #4
    TypeR181 likes this.

  5. Guest

    "The U.S. and Iran are largely credited for the creation of these cleverly-written, troublemaking viruses." Do you mean The U.S. and Chuck Norris?;)
    Guest, Jan 10, 2013
    #5

  6. TypeR181 Newcomer, in training

    The US and ISRAEL dude Iran are the axis :)
    TypeR181, Jan 10, 2013
    #6
     

  7. avoidz TechSpot Enthusiast Posts: 308   +30

    Did they forget that time the world economy was crippled by the banks themselves?
    avoidz, Jan 11, 2013
    #7
    spencer likes this.

  8. Tygerstrike TechSpot Enthusiast Posts: 758   +71

    Yes because Iran is going to cripple our banking system because of DDoS attacks. Really?! All they are doing is inconviencing the lazy ppl. So you cant do online banking, thats why they still have real ppl to talk and interact with. Normally they can be found at the bank itself......
    Tygerstrike, Jan 11, 2013
    #8

  9. IAMTHESTIG TechSpot Enthusiast Posts: 251   +7

    All those banks are horrible, they abuse their customers in an effort to take more of their money. I wouldn't be upset if these banks lost lots of money from attacks like these. They have plenty of money to spare anyway.
    IAMTHESTIG, Jan 11, 2013
    #9

  10. Tygerstrike TechSpot Enthusiast Posts: 758   +71

    @STIG
    You do realize that the banks themselves wouldnt lose ANY money. It would only be the customers who lost any money. Most banks are FDIC insured so it would be an inconvience to the bank at best. If you feel that strongly about banks, keep your money under your matress.
    Tygerstrike, Jan 11, 2013
    #10

  11. IAMTHESTIG TechSpot Enthusiast Posts: 251   +7

    I forgot that critical detail... that is rather unfortunate for their customers. And I only band with local banks now.
    IAMTHESTIG, Jan 11, 2013
    #11

  12. mailpup TS Special Forces Posts: 7,901   +77

    FDIC insurance is for protection of customer's accounts in case the bank fails. Banks have to have other insurance to protect them against loss by other means such as theft. Such insurance is not provided by the FDIC.
    mailpup, Jan 11, 2013
    #12

  13. Shadownova Newcomer, in training

    It is a violation of federal law to have more than $10,000 cash on your person...
    Shadownova, Jan 12, 2013
    #13

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