Cyber Jihad

Iran steps up cyber attacks on U.S. financial institutions

Iran is continuing aggressive cyber attacks against U.S. financial institutions and officials say the U.S. government has failed to take steps to halt the electronic strikes.

The sophisticated denial-of-service cyber attacks have been underway for several months and involve Iranian-origin hackers who flood banking and financial institution web sites with massive log-in attempts that disrupt or halt remote banking services.

“The are going after the same types of sites,” said an intelligence official familiar with reports of the attacks.

The official criticized the Obama administration for failing to protect American corporations from what the official said were state-sponsored cyber attacks.

Several government agencies, including the military’s U.S. Cyber Command, U.S. intelligence agencies, the Department of Homeland Security, and the FBI are responsible for dealing with cyber attacks. Yet the White House is in charge of directing any counterattacks on nation-states and so far has refused to authorize aggressive action, such as retaliatory counter cyber attacks.

The intelligence official suggested that the administration is reluctant to take action because of the president’s conciliatory policies toward Iran. President Barack Obama failed to back Iran’s democratic opposition in 2009 and has taken limited diplomatic action against Iran’s illicit nuclear program.

Full article: Cyber Jihad (Washington Free Beacon)

Comments are closed.