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Wells Fargo is latest bank to be hit by cyberattacks

As several banks experience outages, one group claims responsibility, saying it's retaliating for the anti-Islam movie and will continue its onslaught until the film is taken off the Web.

Wells Fargo is the most recent mega-bank to be hit by a distributed denial-of-service attack. According to the Wall Street Journal, roughly 220 customers filed complaints of outages on its Web site today saying they had problems logging on.

"The amount of bandwidth that is flooding the websites is very large, much larger than in other attacks, and in a sense unprecedented," chief executive of private security firm CrowdStrike Dmitri Alperovitch told the Wall Street Journal. More...

09-26-2012 15:50

IT systems under threat

Targeted attacks on IT networks of small businesses have doubled in the past six months, according to figures published by security software company Symantec.

There were 58 targeted attacks a day on the computer systems of companies employing 250 staff or less during the last six months, almost 36 per cent of all targeted attacks on companies, Symantec said. This was up from 18 per cent at the end of December 2011. More...

07-15-2012 03:47

Twitter taken offline by 'cascading bug', site confirms

Twitter has blamed a "cascading bug" for rendering the social networking site inaccessible on Thursday.

Users from around the world reported difficulties logging on to the site after problems started at about 17:00 BST.

The service was affected for around two hours while engineers sought to solve the issue.

In a blog post, Twitter dismissed reports it had been hacked, and offered "sincere apologies" to its users.

"A cascading bug is one with an effect that isn't confined to a particular software element, but rather its effect "cascades" into other elements as well," explained Mazen Rawashdeh, the site's vice president of engineering. More...

06-22-2012 15:00