Terrorists can take down buildings and blow up a multitude of other things, but how about taking out the electronic infrastructure that the U.S. relies on more and more each day? Electronic infrastructure like financial and banking websites where tens of billions of transactions are logged every day, for both corporate and personal use?
The U.S. Government said yesterday that a possible Internet attack on U.S. stock market and banking Web sites may be coming from a radical Muslim group. However, officials said that the threat was unconfirmed and, at this time, seemed to pose no immediate danger.
A "Jihadist Web site" called for an attack on U.S. Internet-based stock market and banking sites in December, according to government officials, who in turn issued the alert. However, in what seems to have become the norm in these situations, a head at the Department of Homeland Security said that there is no information corroborating the threat. In addition, the alert was issued "as a routine matter."
It may seem routine until something happens, but it's a good thing for the Department of Homeland Security to announce a possible threat regardless. I can't imagine an attack on the websites of stock trading companies and financial institutions -- it could be disastrous.
U.S. Government warns of threats to financial websites
Posted Dec 1st 2006 9:40AM by Brian White
Filed under: Bad news, Press releases, Live coverage, Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Bank of New York (BK), MasterCard Inc'A' (MA)
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Reader Comments (Page 1 of 1)
12-01-2006 @ 11:32AM
thomas mcguire said...
If there is an attack on our stock market, it will most certainly come from Israel. Thats where the airline stock "shorts" came from on 911 and never revealed by our media or the US Government.
12-01-2006 @ 1:08PM
Gary E. Sattler said...
Let the record show that I've been strongly warning that a terrorist backed financial holocaust is in the making. Homeland security had better take a good hard look at Paypal... and soon.
We have been positioned for the instantaneous withdrawl of billons of dollars from our economy via the internet. There are no adequate defenses in place and no method of recourse currently exists. Indirectly, Paypal has been plying these waters for over a year.
Protect your accounts. Revoke automatic electronic authorizations on your accounts. Firewall everything.
Yeah, maybe I'm crying wolf for nothing.
Decide what it's worth to you to find out I'm right.
Protect your assets now.