A senior U.S. banking executive said Thursday that Iran was behind an ongoing series of massive cyberattacks that have targeted nine major U.S. banks in recent weeks by slowing or interrupting access to their websites.
It was not clear to whom exactly he was referring. When asked about the origin of his information, he said, “The government have come out and said they’ve traced it to Iran.”
“We were just barraged … they just pummeled us,” he said, adding the attack had lasted for “38 hours straight.”
“No one broke in; nothing was stolen,” the bank executive said, but the disruption made it difficult for customers to use the website.
The attacks, which began last month, use a relatively crude form of cyberweaponry known as Distributed Denial of Service, or DDoS. Such attacks bombard targeted Web servers with bogus data requests, blocking access by legitimate customers and users.
Security specialists say the huge volume of data requests the attackers are able to generate indicates a sophisticated operation that is well-planned and well-resourced.
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Shaun Waterman is an award-winning reporter for The Washington Times, covering foreign affairs, defense and cybersecurity. He was a senior editor and correspondent for United Press International for nearly a decade, and has covered the Department of Homeland Security since 2003. His reporting on the Sept. 11 Commission and the tortuous process by which some of its recommendations finally became ...
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