First it was Bank of America, whose website appeared to slow to a crawl as it was hit with a so-called Distributed Denial of Service attack, and now the same maladies appear to have afflicted Chase.
In response, FS-ISAC, the Financial Services Information Sharing and Analysis Center, has raised its Cyber Threat Level from "Elevated" to "High" as the organization reported has "credible intelligence regarding the potential for DDoS and other cyber attacks against financial institutions."
DDoS essentially is a hacker exploit that revolves around saturating a target site with an avalanche of meaningless requests that, by their volume, paralyze the site, making it unavailable to its intended users.
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