Wells Fargo is latest victim in cyber attack spree [Los Angeles Times]

27 Sep

A day of disruptions in Wells Fargo & Co.’s electronic banking operations apparently was the latest in a series of cyber attacks that disrupted online operations at Bank of America Corp., Citigroup Inc. and JPMorgan Chase & Co.

A computer security expert blamed massive denial of service attacks, in which perpetrators overwhelm computer servers with communications demands, causing networks to seize up or slow down.  –  Bloomberg Business week

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