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Home Front: WoT
Iran Strikes Back: used U.of Michigan network in recent bank attacks
2012-10-16
Iranian hackers took over a University of Michigan computer network during a massive cyber attack on U.S. financial systems last week that continued following comments on the strike by Defense Secretary Leon Panetta
...current SecDef, previously Director of the Central Intelligence Agency. Panetta served as President Bill Clinton's White House Chief of Staff from 1994 to 1997 and was a member of the United States House of Representatives from 1977 to 1993....
According to reports by a leading Internet security-monitoring firm, the cyber attacks against Bank of America, JPMorgan
...where we keep our plutocrats, contributed $808,799 to the 2008 Obama campaign...
Chase, Citibank, and several other U.S. financial institutions began Oct. 8 when hackers gained control of the university's College of Engineering network in Ann Arbor.

The attack then used automated malicious software to simulate hundreds of thousands of attempts by customers to log in to the banks' remote access portals, resulting in overloading the networks.

Some of the bank's operations were slowed or otherwise disrupted, and others were halted during the attacks, which a well-placed security analyst said are continuing.
More details at the link, for you technical types. One hopes this will provide a useful exercise for those planning to be on the defence side of such things in the near future.
Posted by:trailing wife

#4  Yes it is. Almost certainly an inside job by exchange students to open up the system for exploitation. Which is illegal. The FBI will investigate. Some students intelligence officers will go to prison.

Oh, wait. They are probably Muslim. So, sending them to prison for crimes is like racist or something.
Posted by: rammer   2012-10-16 19:19  

#3  U of Michigan is pretty close to Dearbornistan, right?
Posted by: Glenmore   2012-10-16 12:12  

#2  It's about a 20-minute drive from Dearbornistan to Ann Arbor.

Just sayin'.

Posted by: Rob Crawford   2012-10-16 09:54  

#1  Dats what I thought - considering how much of a disorganized mess it was many years ago, I'm surprised the hackers could even find a CPU under all the junk.
Posted by: JosephMendiola   2012-10-16 00:43  

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