Cyber Attacks on Banks Continue: The Latest Victim?

Wells Fargo the latest to come under fire

   

Cyber Attacks on Banks Continue: The Latest Victim?

The chain of cyber attacks on banking institutions continued this week with Wells Fargo (NYSE:WFC) being subject to a denial-of-service attack. More than 200 customers filed complaints about login problems during the attack, according to Cnet.

A denial-of-service attack is one in which multiple requests to a company’s website overwhelms the site’s ability to respond. Such attacks do not typically endanger customers’ personal or account information.

The Wells Fargo attack is the latest in a series that last week saw both JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC) get hit.

An Islamic group calling itself the “Cyber Fighters of Izz ad-din al-Qassam” is claiming responsibility for the attacks, and has promised to continue them.

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Article printed from InvestorPlace Media, http://investorplace.com/2012/09/cyber-attacks-on-banks-continuing/.

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