Iran Behind Cyber Attack on Major U.S. Banks

Iran is behind a series of recent cyber attacks on U.S. banks, according to U.S. national security officials. Senator Joe Lieberman, as well, accused Iran of being behind the attacks on the websites of JPMorgan Chase, Citigroup and Bank of America.

The attacks made the websites unavailable to certain customers by overwhelming the sites with massive traffic. Further damage is unknown due to the fact that such information is classified, however the fear is that the Iranians planted malware in the banks’ websites capable of highly significant damage in the future.
Analysts say the attacks are not because of the anti-Islam video that has sparkled worldwide violent Muslim protests, but rather because of U.S. sanctions on Iranian banks. In addition, although the U.S. is allowing Iranian President Mahmoud Ahmadinejad into the country for a U.N. address this week, entry was denied to 20 members of his entourage.
The attacks are being viewed as Iran

flexing his muscle against the U.S.
Lieberman said that he didn’t believe that the attacks were made by Iranian hackers, but rather the Quds Force itself.

After the attack, the Financial Services Information Sharing and Analysis Center, a financial services industry group, issued a warning to other U.S. banks, brokerages and insurers to be on the alert as more attacks could be expected. Smaller operations, who haven’t invested as much in cyber security, are particularly vulnerable.

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