Nation States Targeting Banks as Cyber Threat Evolves
Hostile governments are actively attacking banks in US and allies as criminal gangs gain access to nation-state tools.
Attacks linked to the Iranian and North Korean governments that have specifically targeted financial institutions show that banks are increasingly becoming targets in disputes that stem from political actions, said William Carter, deputy director of the technology policy program at the Center for Strategic International Strategies.
“We saw a really significant moment in 2011 to 2013, when the Iranian government started launching the Operation Ababil distributed denial-of-service (DDoS) attacks
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