Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Legal
Deals
Earnings
Social Pulse
Business Video
The Freeland File
Aerospace & Defense
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Campaign Polling
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Social Pulse
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Anatole Kaletsky
Reihan Salam
Edward Hadas
Hugo Dixon
Ian Bremmer
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Jack & Suzy Welch
Frederick Kempe
Christopher Papagianis
Mark Leonard
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Lipper Awards 2012
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (0)
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Iran to enrich uranium to 60 percent if nuclear talks fail
1:47pm EDT
Samsung files lawsuit against Apple over latest iPhone
9:18am EDT
Pennsylvania judge: Voter ID law a no-go for November 6
4:48pm EDT
Special Report: The casualties of Chesapeake's "land grab" across America
|
8:53am EDT
NBC breaks TV losing streak, orders more "Revolution"
5:07pm EDT
Discussed
229
France taxes rich and business to slash deficit
160
Netanyahu to press for Iran ”red line” in U.N. speech
123
Chavez to Obama: I’d vote for you, and you for me
Sponsored Links
Pictures
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
Inside the Vatican
Behind the walls of Vatican City. Slideshow
Psy's Gangnam style
Psy is the latest musical sensation to burst upon the world from South Korea with his video "Gangnam Style." Slideshow
U.S. bank website hackers used advanced botnets, diverse tools
Tweet
Share this
Email
Print
Related News
White House targeted in cyber attack
Mon, Oct 1 2012
U.S. Bancorp, PNC latest bank websites to face access issues
Wed, Sep 26 2012
Bank group warns of heightened risk of cyber attacks
Wed, Sep 19 2012
Germany urges public to stop using Internet Explorer
Tue, Sep 18 2012
Banks in talks to ease transfer of money with phone, email
Wed, Sep 12 2012
Analysis & Opinion
Essential reading: Pension managers become opportunistic amid volatility, and more
Financial cybercrime a national security threat, U.S. Justice Department official warns
Related Topics
U.S. »
Tech »
Media »
Cyber Crime »
By Joseph Menn
SAN FRANCISCO |
Tue Oct 2, 2012 5:25pm EDT
SAN FRANCISCO (Reuters) - The hackers behind the cyber attacks on major U.S. banks have repeatedly disrupted online banking by using sophisticated and diverse tools that point to a carefully coordinated campaign, according to security researchers.
The hackers, believed to be activists in the Middle East, were highly knowledgeable about the defensive equipment used by the banks and likely spent months on reconnaissance, said several researchers interviewed by Reuters, who viewed the assaults as among the strongest and most complex the world has seen to date.
In the past two weeks, customers of top U.S. banks including Bank of America Corp, JPMorgan Chase & Co, Wells Fargo & Co, U.S. Bancorp and PNC Financial Services have reported having trouble accessing their websites, as unusually high traffic volumes appeared to crash or slow down the systems.
No thefts have been tied to hacked sites, but an untold number of customers were not able to pay bills or transfer money from their computers, leaving banks with remediation expenses and customer irritation as the biggest costs.
Researchers said the hackers used groups of compromised computers, known as botnets, which are inexpensive to rent for short periods. What made these botnets much more powerful was that they were made up of web servers that had been taken over, instead of mere personal computers.
"Tens of thousands" of servers are involved, said Tom Kellermann, vice president of major security vendor Trend Micro.
The FBI declined to comment on its investigation of the attacks. The banks either declined to comment or noted that most customers have been able to log into their accounts.
"It's fairly large, but it's something financial institutions are accustomed to dealing with," said Doug Johnson, vice president of the American Bankers Association trade group.
Sources familiar with the bank attacks have previously told Reuters that they could be part of a year-long cyber campaign waged by Iranian hackers against major U.S. financial institutions and other corporate entities.
Senator Joseph Lieberman, chairman of the Senate's Homeland Security and Governmental Affairs Committee, has also blamed Iran's much-improved cyber forces on the bank website outages.
A group that calls itself the Cyber Fighters of Izz ad-din Al Qassam has claimed credit for the recent bank attacks, declaring them a protest against the anti-Islam video posted on YouTube and stoked violent protests across the Muslim world.
The latest attacks against the banks have thrown as many as 30 million electronic packets per second at the websites, at times overwhelming both the banks and the additional technical resources being moved into place to counter the attacks.
That much volume "would overwhelm almost anyone, including large telecommunications companies," said Scott Hammack, chief executive of Prolexic Technologies, which specializes in warding off "denial of service" attacks. Prolexic's clients include several of the biggest banks, though Hammack declined to name which ones.
Experts said that high-volume denial-of-service attacks were becoming more common even before the latest bank assaults and would continue to increase in sophistication as well.
"This entire episode speaks to the need for banks, or any business operating online, to be prepared for this type of availability attack," said Dan Holden, director of research at security firm Arbor Networks.
(Reporting by Joseph Menn in San Francisco. Additional reporting by Jim Finkle in Boston and Rick Rothacker in Charlotte, N.C.; Editing by Bernard Orr)
U.S.
Tech
Media
Cyber Crime
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
AdChoices
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.