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FDIC Issues Statement Re DDOS (Distributed Denial Of Service) Attacks

Wednesday, April 2, 2014 - 8:02 PM
The FDIC, as a member of the Federal Financial Institutions Examination Council (FFIEC), has issued a statement to notify institutions of the risks associated with the continued distributed denial of service (DDoS) attacks on public-facing Web sites and the steps institutions are expected to take to address the risks posed by such attacks. The Financial Institution Letter (FIL) applies to all FDIC-supervised institutions.

Read the statement from the FDIC here.

Many DDOS attacks occurred in late 2012 and in 2013.  See the following:

Middle East hackers attack the websites of Wells Fargo, Chase, and other large banks (blog post 9/28/12)
Ally is latest bank to be hit by Mideast cyberattack (blog post 10/19/12)
Credit unions being hit by DDOS attacks (blog post 2/1/13)
Chase customers shocked by 0 checking account balances (blog post 3/19/13)
pearlbrownpearlbrown1,491 posts since
Nov 2, 2010
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