Capital One Financial Corp., BB&T Corp. and HSBC Bank USA said they were hit by a new round of cyber attacks, marking the fifth week of sustained assault on some of the largest U.S. financial institutions.
The banks' websites have been disrupted with so-called denial of service attacks, some of which originated in Iran and Russia, Carl Herberger, a vice president for the network security firm Radware Inc., said in a phone interview yesterday.
“There is a target list that is essentially being worked,” said Herberger, whose New Jersey firm is working with banks to investigate the attacks. “They appear to have been near-100 percent effective, at least in bringing these financial institutions some level of duress.”
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
