CUNA on Friday warned credit unions to be aware of the possibility of widespread Distributed Denial of Service attacks on May 7.
The trade group cited Internet “chatter” about the attacks in its warning and said credit unions are included in the threats to take down online banking webs
Also Read:
- Was May 7 Only a Test?
- May 8: Attacks But No Time to Let Guard Down
- Mixed Views in LinkedIn Poll on May 7 Warning
- No Takedowns Reported Tuesday
- Anonymous May 7 Target List Includes CUs
- Krebs: DHS Memo Says 'More Bark Than Bite'
- Threat of the Week: May 7, Ready or Not
- CO-OP Issues DDoS White Paper
- CUNA Explains Thinking Behind Warning
- Reactions Vary to May 7 Warning
- DDoS Attacks Often Fraud Diversions
- Mark Your Calendar (or Not) for May 7 Attacks
The warning even included telling credit unions to “consider alerting members about the Internet threat for May 7 and asking members to execute critical online banking business on a different day or come into the credit union office.”
They also were advised to alert call centers and their network staff.
Tom Nohelty, CUNA's vice president of information technology, said in the announcement, “It is not possible to assess the veracity of the threat at this time, but it is important that credit unions be aware and prepared at all times.
“Also, some of the largest credit unions are included in a list of targets for the purported May attack so heightened awareness is warranted.”
At least two credit unions – Patelco CU in California and University FCU in Texas – were hit in recent attacks in which floods of external communication requests overloaded servers and disrupted service.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
