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DDoS Cyber Attacks Becoming An Expensive Fact Of Life For Credit Unions

Tuesday, March 5, 2013 - 7:01 AM
It looks like even credit unions are being hit by the cyber attackers. From the Credit Union Times:
Last week, on Feb. 25, the Cyber Fighters of Izz ad-Din al-Qassam renewed their Distributed Denial of Service attacks against U.S. financial institutions. That included again taking down the websites of two credit unions: the $1.5 billion University FCU in Austin, Texas, and Patelco, the $3.8 billion Pleasanton, Calif., institution.

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Unfortunately, this is another expense for credit unions which won't help deposit rates. The article describes some software that credit unions can use to protect against these attacks. It's expensive.
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Ken TuminKen Tumin5,468 posts since
Nov 29, 2009
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