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

By Rick
Jan 10, 2013
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  1. 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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  2. ikesmasher

    ikesmasher TechSpot Evangelist Posts: 1,883   +351

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


    The banks who were robbed.
  3. Vrmithrax

    Vrmithrax TechSpot Paladin Posts: 1,285   +232

    Great timing to coincide with Anonymous and their recent stand on legalities of DDoS... Heh
  4. davislane1

    davislane1 TechSpot Guru Posts: 1,255   +460

    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.
    TypeR181 likes this.
  5. "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?;)
  6. TypeR181

    TypeR181 Newcomer, in training

    The US and ISRAEL dude Iran are the axis :)
  7. avoidz

    avoidz TechSpot Maniac Posts: 454   +54

    Did they forget that time the world economy was crippled by the banks themselves?
    spencer likes this.
  8. Tygerstrike

    Tygerstrike TechSpot Enthusiast Posts: 827   +93

    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......
  9. IAMTHESTIG

    IAMTHESTIG TechSpot Enthusiast Posts: 389   +35

    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.
  10. Tygerstrike

    Tygerstrike TechSpot Enthusiast Posts: 827   +93

    @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.
  11. IAMTHESTIG

    IAMTHESTIG TechSpot Enthusiast Posts: 389   +35

    I forgot that critical detail... that is rather unfortunate for their customers. And I only band with local banks now.
     
  12. mailpup

    mailpup TS Special Forces Posts: 8,417   +215

    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.
  13. Shadownova

    Shadownova Newcomer, in training

    It is a violation of federal law to have more than $10,000 cash on your person...


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