At this pace, it’s only a matter of time an event this video portrays will happen again. One can only hope this time there will still be a safety net in place.
Iranian hackers took over a University of Michigan computer network during a massive cyber attack on U.S. financial systems last week that continued following comments on the strike by Defense Secretary Leon Panetta.
According to reports by a leading Internet security-monitoring firm, the cyber attacks against Bank of America, JPMorgan Chase, Citibank, and several other U.S. financial institutions began Oct. 8 when hackers gained control of the university’s College of Engineering network in Ann Arbor. Continue reading