Big Banks Are Being Hit With Cyberattacks “Every Minute Of Every Day”

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RINF - Michael Snyder, 12/06/13
 

At this point, the attacks have become so frequent that there is literally no break between them.  According to the Telegraph, major financial institutions are continually under assault, and the total number of attacks is constantly increasing…

Every minute, of every hour, of every day, a major financial institution is under attack.

Threats range from teenagers in their bedrooms engaging in adolescent “hacktivism”, to sophisticated criminal gangs and state-sponsored terrorists attempting everything from extortion to industrial espionage. Though the details of these crimes remain scant, cyber security experts are clear that behind-the-scenes online attacks have already had far reaching consequences for banks and the financial markets.


But for now, the big financial institutions remain the most prominent target.  Just this week, we learned that a successful cyberattack on JPMorgan Chase resulted in the theft of the personal information of close to half a million corporate and government clients…

More: RINF.com

Related Story: NatWest and RBS 'are victims of cyber-attack': Customers face chaos again as online banking crashes for the second time in a WEEK

 

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