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


TS Evangelist
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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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.
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"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?;)


TS Enthusiast
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......


TS Evangelist
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.


TS Enthusiast
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.


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


TS Special Forces
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.