Attacks/Breaches
10/22/2012
04:52 PM
Connect Directly
RSS
E-Mail
50%
50%

Who Is Hacking U.S. Banks? 8 Facts

Hackers have labeled the bank website disruptions as grassroots-level reprisal for an anti-Islamic film. But is the Iranian government really backing the attacks?
Previous
1 of 8
Next


Who's behind the recent online attacks against U.S. banks? A Muslim hacktivist group calling itself the Cyber fighters of Izz ad-din Al qassam continues to take credit for the campaign of website disruptions. In recent weeks, its distributed denial-of-service (DDoS) attacks, launched under the banner of "Operation Ababil," have disrupted the websites of some of Wall Street's biggest financial institutions, including Bank of America, BB&T, JPMorgan Chase, Capital One, HSBC, New York Stock Exchange, Regions Financial, SunTrust, U.S. Bank, and Wells Fargo.

The hacktivist group's name refers to "Izz ad-Din al-Qassam, a Muslim holy man who fought against European forces and Jewish settlers in the Middle East in the 1920s and 1930s," according to The New York Times. In a similar vein, the website disruptions have been portrayed by some backers as a spontaneous, grassroots-driven online protest. But the actual identity of the attackers, as well as their motives or backing, remain the subject of much debate. Notably, U.S. officials--speaking anonymously in media interviews--have alleged that the group, despite what its own anonymous public pronouncements might claim, is nothing more than a front for an operation that's being run by the Iranian government.

In a series of Pastebin posts, the hacktivists have typically previewed which banks they'll be disrupting, as well as the dates and times of planned attacks. At the same time, they've broadly denied U.S. government officials' assertions, including allegations that the group has been involved in recent attacks that employed malware to obtain credentials for U.S. bank websites, allowing attackers to wire money from U.S. to overseas bank accounts, stealing up to $900,000 in one go.

So, what do the attackers want? According to their Pastebin pronouncements, their goal is relatively simple: they want to see the Innocence of Muslims film that mocks the founder of Islam removed from the Internet. A 14-minute clip of the film first surfaced on YouTube in July 2012, parts of which were broadcast on Egyptian television on Sept. 9, 2012.

The film has been attributed to Nakoula Basseley Nakoula (a.k.a. Mark Basseley Youssef), 55, who was recently arrested in the United States on parole violations, which could see him returned to jail for two years. Nakoula, an Egyptian-born U.S. resident, was on parole after serving prison time for his 2010 conviction on bank fraud charges, and his alleged parole violations include using aliases, using a computer without supervision, and lying to his probation officer. Nakoula, however, has denied all charges against him. He's due back in court next month.

In the meantime, the attacks on banking websites show no signs of stopping.

Image credit: Photograph of Wall Street courtesy of Flickr user Michael Daddino.

Previous
1 of 8
Next
Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
Leo Regulus
50%
50%
Leo Regulus,
User Rank: Apprentice
10/24/2012 | 4:52:32 PM
re: Who Is Hacking U.S. Banks? 8 Facts
Very disappointed in Editor's choice of article format. This has been extensively discussed in the past.
Register for Dark Reading Newsletters
White Papers
Flash Poll
Current Issue
Cartoon
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-3341
Published: 2014-08-19
The SNMP module in Cisco NX-OS 7.0(3)N1(1) and earlier on Nexus 5000 and 6000 devices provides different error messages for invalid requests depending on whether the VLAN ID exists, which allows remote attackers to enumerate VLANs via a series of requests, aka Bug ID CSCup85616.

CVE-2014-3464
Published: 2014-08-19
The EJB invocation handler implementation in Red Hat JBossWS, as used in JBoss Enterprise Application Platform (EAP) 6.2.0 and 6.3.0, does not properly enforce the method level restrictions for outbound messages, which allows remote authenticated users to access otherwise restricted JAX-WS handlers ...

CVE-2014-3472
Published: 2014-08-19
The isCallerInRole function in SimpleSecurityManager in JBoss Application Server (AS) 7, as used in Red Hat JBoss Enterprise Application Platform (JBEAP) 6.3.0, does not properly check caller roles, which allows remote authenticated users to bypass access restrictions via unspecified vectors.

CVE-2014-3490
Published: 2014-08-19
RESTEasy 2.3.1 before 2.3.8.SP2 and 3.x before 3.0.9, as used in Red Hat JBoss Enterprise Application Platform (EAP) 6.3.0, does not disable external entities when the resteasy.document.expand.entity.references parameter is set to false, which allows remote attackers to read arbitrary files and have...

CVE-2014-3504
Published: 2014-08-19
The (1) serf_ssl_cert_issuer, (2) serf_ssl_cert_subject, and (3) serf_ssl_cert_certificate functions in Serf 0.2.0 through 1.3.x before 1.3.7 does not properly handle a NUL byte in a domain name in the subject's Common Name (CN) field of an X.509 certificate, which allows man-in-the-middle attackers...

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Dark Reading continuing coverage of the Black Hat 2014 conference brings interviews and commentary to Dark Reading listeners.