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Friday, 18 October 2013

How and Why the Cyber War on Banks Has Escalated

From American Banker

“ "Banks are worried about getting Stuxnetted," says Rick Holland, senior analyst at Forrester Research. "But most of the attackers, including Iran, probably don't yet have the resources to develop that grade of weapon."

Holland is referring to malware on the order of the now famous Stuxnet [the computer worm the United States and Israel created to attack Iran's nuclear facilities]. It is widely assumed that nation states like China, Russia, and the U.S. have these kinds of cyber weapons.”

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