Are We Ready for a Financial Cyber Attack?
Source: Wall Street Journal
An assault on Estonia in 2007 disrupted banking and other services for over a week.
Last week, the European Union revealed that its headquarters had come under a major cyber attack, likely state-sponsored, on the eve of the EU summit. Earlier this month, the French announced that they had been hit with a cyber assault at the end of 2010, probably launched by Chinese hackers, aimed at pilfering sensitive G-20 documents from finance ministry computers in Paris. Last fall, the Nasdaq suffered what looks like an organized-crime attack on a service it provides to corporate executives for exchanging confidential files.