Wells Fargo Hit by Another Cyber-Attack

Wells Fargo Hit by Another Cyber-Attack
By The original uploader was Henry W. Schmitt at English Wikipedia (Transferred from en.wikipedia to Commons.) [Public domain], via Wikimedia Commons

Wells Fargo & Co (NYSE:WFC) has been the victim of another cyber-attack, possibly from the Islamic terrorist group Izz ad-Din al-Qassam. JPMorgan Chase & Co. (NYSE:JPM) fell victim to a similar attack allegedly from the same group earlier this month.

Play Quizzes 4

Wells Fargo Hit by Another Cyber-Attack

Fox Business reported that the Wells Fargo & Co (NYSE:WFC)’s website was hit on Tuesday and affected many customers. A spokesperson for the bank told CNET that they detected an “unusually high volume of Web site traffic,” which they believed was a denial of service cyber-attack.

London Value Investor Conference: Joel Greenblatt On Value Investing In 2022

The first London Value Investor Conference was held in April 2012 and it has since grown to become the largest gathering of Value Investors in Europe, bringing together some of the best investors every year. At this year’s conference, held on May 19th, Simon Brewer, the former CIO of Morgan Stanley and Senior Adviser to Read More

The bank said most customers were not affected, and customer information was not accessed. It also said bank branches and ATMs were not affected by the attack. The Islamic militant group Izz ad-Din al-Qassam apparently posted a warning about the attack on Pastebin on Tuesday, just as it did in the attack earlier this month on JPMorgan Chase & co. (NYSE:JPM).

Like the earlier posting, Tuesday’s post said the group would also target many other major banks in the U.S., including Citigroup Inc. (NYSE:C), PNC Financial Services (NYSE:PNC), U.S. Bancorp (NYSE:USB), BB&T Corporation (NYSE:BBT) and Fifth Third Bancorp (NASDAQ:FITB). The posting also said the attacks are a protest against the YouTube video called “Innocence of Muslims,” which has raised the ire of those who see it as being anti-Islamic.

Wells Fargo & Co (NYSE:WFC) and several other major U.S. banks were also hit by cyber-attacks in September, and the group also claimed that it was responsible for them and said it would keep launching the attacks until the video it is protesting is taken off of YouTube.

Updated on

Michelle Jones is editor-in-chief for ValueWalk.com and has been with the site since 2012. Previously, she was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses. Email her at Mjones@valuewalk.com.
Previous article Netflix, Inc. (NFLX) To Release New Sci-Fi Original TV Series ‘Sense8’
Next article Cyprus Deal Made Private Sector Insecure, Fanned Political Mistrust

No posts to display