Hack Hack Hack Hack It Apart

Iran Possibly Behind ‘Operation Ababil’ Cyber Attacks Against Financial Institutions

Stuxnet's command and control. (Krebs On Security)

Cyber attackers who went after Chase and Bank of America with Directed Denial of Service (DDoS) attacks on the banks’ websites may have been working for Iran.

A report from the Washington Post cites several officials who have made this claim, including Senator Joseph Lieberman, the chair of the Homeland Security and Governmental Affairs Committee.

The Post reports that in an interview with C-SPAN, Sen. Lieberman disputed the idea the attackers were independent hacktivists outraged by a controversial anti-Muslim film: Read More

Hack Hack Hack Hack It Apart

Muslim Cyber Fighters Attack Chase Bank in ‘Operation Ababil’

Muslim cleric Izz ad-Din al-Qassam (Wikimedia)

The Cyber fighters of Izz ad-din Al qassam, a group of cyber-attackers who have targeted Bank of America and the New York Stock Exchange, allegedly struck J.P. Morgan Chase today. Fox Business reported on the site outage at Chase.com and consulted with Flashpoint Partners about the problems. Flashpoint told Fox that Chase’s problems were probably due to a “sustained denial of service attack.”

The religiously-motivated hackers, who claim they are responding to the anti-Muslim video, Innocence of Muslims, have published a new Pastebin page claiming credit for the Chase attack: Read More

True Crime

Corrupt Chase Bank Tellers Charged With Helping Thieves Steal Customers’ Identities

(flickr.com/consumerist)

As police commissioner Ray Kelly said after the bust of an international identity theft ring in October in which more than 100 people were suspected to be involved: “The schemes and the imagination that is developing these days are really mind-boggling.” That global scam, in which U.S.-based gangs were skimming credit cards and buying high-end computer equipment, came to light following a two year investigation—”Operation Swiper.” So we were momentarily confused when we saw an indictment for an identity fraud ring involving dozens of people. Perhaps it was the same case?

It was unclear based on the details released, so Betabeat called the Attorney’s office to ask. Were these identity theft rings the same? Nope, it turns out. New York City has just been experiencing an insane uptick in cybercrime rings, especially those involving identity theft.

The DA’s office has been slinging indictments left and right: there have been at least four indictments of criminals involved in identity theft rings in New York City in which the case involved a conspiracy of dozens of defendants since Operation Swiper came to a head just over two months ago. Read More