Tag Archive | Bank of America

Unknown hackers allegedly steal $400,000 from city of Burlington, Washington

The town of Burlington, Washington fell victim to a recent attack by a band of unknown hackers, stealing $400,000 in the operation. Odds are that taxpayer data was stolen, also.

Burlington officials have warned residents in the city that their private data could have been stolen, and becoming targets for identity theft. A number of billing systems in the town were attacked, notably the online automatic utility billing system, which holds a large amount of resident data. Once these systems were attacked, the band of hackers were able to leak $400,000 out of the city’s funds.

According to Computer World, an alert [that was] issued this morning, city administrator Bryan Harrison said all autopay customers should assume that their name, bank account number and routing number was compromised following an intrusion into a city utility billing system.

Authorities are still investigating this issue, and will provide updates soon.

Senator blames Iran for attacks against US banks

US Senator Joe Lieberman blamed Iran for the attacks against US banks last Friday, with thoughts that Iran did so out of revenge for the Stuxnet case. The victims of last week’s attacks included Bank of America and JPMorgan Chase. Although not attacked, speculation is that CitiGroup has been a target over the past year. All of these denial of service campaigns seemed to have begun in late 2011.

In C-SPAN’s taping of “Newsmakers,” Lieberman labeled the recent DDoS attacks against the banks a “powerful example of our vulnerability”.

Now, from the perspective of Lieberman, it makes sense to make such claims. When we reported in June about a potential US and Israeli connection for malwares like Flame and Stuxnet, labeled “Operation Olympic Games”, we saw the counterattack that continued cyberwarfare between Iran and the US (as well as other countries). This could be just one of possibly many counterattacks from Iran, and it’s going to be quite dangerous to companies that are vulnerable to cyberattack.

Cyberattacks will continue with DDoS and other hacks, and it could target almost any major organization around the world. The main idea is to craft the correct cybersecurity strategies, and be aware of any attack vectors (like if there are too many people trying to hack in to the networks). It’s important to learn from issues like this, and be able to adapt the latest strategies for businesses. Which means: If you don’t have a director for information security at your major company, it’s about time to get one and soon!

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Cyber attacks on US banks continue

It’s been reported that many US banks are on high alert because of recently targeted cyber attacks.

We just reported about a different target, with spammers targeting email users, however, the banks themselves are being targeted as well.

Computer World notes:

The Financial Services Information Sharing and Analysis Center (FS-ISAC) has put U.S. banks on high alert against cyberattackers seeking to steal employee network login credentials to conduct extensive wire transfer fraud.

The alert warns banks towatch out for hackers using spam, phishing emails, Remote Access Trojans and keystroke loggers to try and pry loose bank employee usernames and passwords.

The FBI has noticed a new trend where cyber criminals use stolen employee credentials to wire transfer hundreds of thousands of dollars from U.S. customer accounts to overseas banks, the FS-ISAC noted.

On their Pastebin posts, hackers have noted the following:

In the name of Allah the companionate the merciful

My soul is devoted to you Dear Prophet of Allah

“Operation Ababil” started over BoA :

http://pastebin.com/mCHia4W5
http://pastebin.com/wMma9zyG

In the second step we attacked the largest bank of the united states, the “chase” bank. These series of attacks will continue untill the Erasing of that nasty movie from the Internet.

The site “www.chase.com” is down and also Online banking at “chaseonline.chase.com” is being decided to be Offline !

Down with modern infidels.

### Cyber fighters of Izz ad-din Al qassam ###

However, CNN reports no evidence backing up claims and could be related to what happened to Go Daddy, saying: “But there was no immediate evidence to support the hackers’ claims, and several recent ones turned out to be hoaxes. Earlier this month, a person affiliated with the hacktivist collective Anonymous said the group took down the web hosting service Go Daddy, and in June the group UGNazi claimed responsibility for downing Twitter. Both outages were later revealed to be technical issues.”

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