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Last week I was unable to access my Chase on line banking system.
At weeks end I was unable to access my Wells Fargo on line banking system.
This week, BB&T's system was down (causing one of my online bill pays to be paid late).

When I called BB&T I was told there was something being "done" by the Federal Government with the banking system that is causing outages and it is a nationwide thing and hitting all major banks. Rep of course had no other information than that.

Tried Googling to see what the something being "done" is, but of course no information.

Anyone else have issues with online banking access and if so, when and what banks?
Anyone hear about this Federal "thing being done" and know what it's about?

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Just to clarify, the risk is not from having a larger number of retail Iranian consumers hogging bandwidth as they down... (more)

BEEFjerKAY (Jan. 31, 2013 @ 12:37a) |

Warning: Watch your accounts closely

See latest which I posted here
http://www.fatwallet.com/forums/finance/1254003//m1753... (more)

lorymills1 (Feb. 01, 2013 @ 7:22a) |

Thanks for the update. That is why I asked who's fault has it been. The way you describe it, it is definitely their fa... (more)

MilleniumBuc (Feb. 01, 2013 @ 7:35a) |

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It's probably the Chinese doing DDoS or something and they are covering it up. That's just a wild guess though.

Well yes, is as far as certain policies of the Federal Government offend malicious groups of folks with access to lots of computing power. I doubt the banker meant that however!

There have been quite a few DDOS attacks on the banking industry the last few months.

lorymills1 said:   Last week I was unable to access my Chase on line banking system.
At weeks end I was unable to access my Wells Fargo on line banking system.
This week, BB&T's system was down (causing one of my online bill pays to be paid late).


What was the cause of the bill pay being late? Not setting it up before, and not being able to access the account, or the system was down and did not send it on time as scheduled? Big difference on who's fault is that, and if it is the 2nd one, something to think about for everyone else when setting the date for these.

Yep, system was down. With 1/21 being a bank holiday, it should have been paid on 1/23. By the late afternoon of 1/23 it still showed pending (not even in process). So I sent another payment when the system finally came up on line so payment wouldn't be late. Then it looks like sometime on 1/23 they paid it (or system finally updated) and of course both payments got paid and I incurred an overdraft fee. Anyway, I'll get all that handled - was just more concerned with the explanation I got as to why major banks have been having issues and what the gov is doing. I had assumed the issues were caused by banks doing year end processing and tax info that was causing system breaks. Looks like may be more going on and got even more curious when nothing came up via Google. Another Conspiracy Therory LOL

It is probably related to this: http://www.bankinfosecurity.com/more-ddos-attacks-on-way-a-5441 . These attacks are on a massive scale and the attackers are sophisticated enough that they will modify the attack when they see the bank responding. Some banks have done better than other. You aren't hearing a lot about this because the attackers crave PR so folks are trying to keep a lid on it. Also I think your customer service representative got his/her wires crossed. The banks have asked for help from the NSA and DHS which was probably where the feds come into this: http://articles.washingtonpost.com/2013-01-11/world/36272281_1_b... and http://www.bankinfosecurity.com/dhs-helping-ddos-defense-a-5424..

P.S. There is some question as whether this is the Iranians or even an Arab hacktivitst group.

Wow.... thanks for the info secstate. Should us credit card and account holders be worried or is it just an annoyance with interruption of service?

Nobody picks on our credit union, service is fine.

@ kranky - yep, here too in Florida. Spoke to credit union account holders and they have had no issues. On the count of 3..... everyone move their funds hahahahahaha

lorymills1 said:   Wow.... thanks for the info secstate. Should us credit card and account holders be worried or is it just an annoyance with interruption of service?

It is just an interruption of service so far. You can probably call their telephone banking number to do transactions if you need it (yes it is back to the early 90s). That said one of the many theories proposed about these attacks is they are a cover/distraction for some future massive fraud effort. So far this has not been seen but it is one theory that has been proposed and some aspects of these attacks seem to parallel the methods of Eastern European criminal syndicates who are also the ones most involved in financial fraud.

last link you sent is already disabled.

lorymills1 said:   last link you sent is already disabled.

No for some reason there is a period at the end of the link that stops it from loading. Take the period off and it loads fine, same issue with the first link as well.

Edit: Links fixed.


Some of these reports are sounding scary (I am kidding only partially)!

There has been major activity over the past year in the hacker underground targeting US banks. There are couple of attacks either underway or on the horizon. Some are DoS attacks that will deny access to the banks' websites, while others are trojans that will infect a user's system and attempt to steal their account login credentials. There is nothing that can be done from the consumer side to stop the DoS attacks. As long as there are vulnerable machines the hackers can use as bots the DoS attacks will continue. Protection from the trojans is the same as for any other malware: Keep your computer patched (both the OS and all applications have to be updated), run an AV program, avoid clicking on any link or opening any attachment that you didn't personally request or looks suspicious in any way, and avoid going to sites that seem shady or could potentially be infected.

Actually there has been news that the Iranians response to the Stuxtnet an Flame computer virii has been DDOS attacks on large U.S. banks. I wouldn't be surprised if that is the issue. Maybe they just want your late fees though.

I think Citibank's MyCiti is just shitty no matter what.

The Reptilians have reared their ugly heads again.

lorymills1 said:   @ kranky - yep, here too in Florida. Spoke to credit union account holders and they have had no issues. On the count of 3..... everyone move their funds hahahahahaha

When, in fact, credit unions are a much softer target for malfeasors. It's just that if the goal is to cripple the US banking system, you go after the money center banks.

If the goal was economic gain, I'd target CUs all day long.

edit: Not that I would do that. Or that anyone else should even consider it.

That would be wrong.

BEEFjerKAY said:   
When, in fact, credit unions are a much softer target for malfeasors. It's just that if the goal is to cripple the US banking system, you go after the money center banks.

If the goal was economic gain, I'd target CUs all day long.

edit: Not that I would do that. Or that anyone else should even consider it.

That would be wrong.


I have to agree with you on that. I did a pro bono security review of a local CU a couple of years ago and their security was fairly scary. To their credit they fixed most of the major stuff the team I was on found. But still I'd hesitate to have significant assets in most CUs. USAA is the bank that impresses me right now. I don't believe they have been targeted but they are one of the few banks I have seen that have their site at least partially hosted on a content delivery network (Akamai in this case). I think that has the best shot of resisting a DDoS attack. The DDoS filtering services have gotten better but are still fairly hit or miss on responding to these attacks.

Or is it that banks are just saving money by switching off servers, people that maintain them?

mrmonty said:   Or is it that banks are just saving money by switching off servers, people that maintain them?Any "savings" would be negligible to non-existent and would be dwarfed by the added expense of handling calls from people

Interesting- Key Bank was down for part of the afternoon yesterday too.

I'm experiencing the same with 5/3 and Chase. There've been reports in the last week or two of Iranian 'counter-cyber attacks' ...something's obviously happening.

There are loads of banks out there, too numerous to name. But lets face it, banks control and manipulate the money supply and capital system.

Iran is a nation based on sharia law, but the intellects in Iran are far between and have been defeated by the Israelis time and time again amongst others including prominent scientists who threaten international security.

I don't see how Iran could have any long standing attacks via the internet for the USA banking system especially considering their minimal internet linkages.

While some prominent officials have blamed Iran, I can't say what is going on. Iranians can be troublemakers but they wind up getting defeated and going down hard but this banking attack doesn't seem to be anything reminiscent of any terrorism as of now.

grex23 said:   I don't see how Iran could have any long standing attacks via the internet for the USA banking system especially considering their minimal internet linkages.

Good thing they aren't smart enough to figure out how to leverage the internet linkages of others. Isn't there a YouTube video that covers that topic?

secstate said:   I did a pro bono security review of a local CU a couple of years ago and their security was fairly scary.

And imo it's only going to get worse. Now that the 2008-2009 fears are abating, the efforts to exempt CUs from reasonable regulation and oversight have renewed vigor.

The CUs have successfully palmed off the conceit that they operate below the radar in a land of blissful innocence.

Over the years, CUs have been some of the bigger FWF plunderbunnies (c). Only a matter of time before malfeasors -- other than CU management -- figure this out, too.

I was in a recent meeting with some Wells Fargo bankers related to my company's treasury operations and they told us it was related to Iranian denial of service attacks and that it was hitting almost all the larger banks but some were better able to fend it off.

Iran's internet is still behind that of Israel and of democratic nations even though its usage is growing and based on the numbers it doesn't seem like it could be fully related to this. They are a minimal force and any of attacks would be minimalistic and would fail. It accomplishes nothing.

grex23 said:   Iran's internet is still behind that of Israel and of democratic nations even though its usage is growing and based on the numbers it doesn't seem like it could be fully related to this. They are a minimal force and any of attacks would be minimalistic and would fail. It accomplishes nothing.did I warn you not to climb that stupid tree? At least trim the branch before the next climb.

Make like a tree and beat it you disgusting amoeba.

grex23 said:   Iran's internet is still behind that of Israel and of democratic nations even though its usage is growing and based on the numbers it doesn't seem like it could be fully related to this. They are a minimal force and any of attacks would be minimalistic and would fail. It accomplishes nothing.I have no idea what you mean by "Iran's internet is still behind that of....".
It's not the number of users they have.
Iran is actively developing a state sponsered hacker community specifically for the purpose of waging cyber warfare.
They are getting pretty good at this.

grex23 said:   Iran's internet is still behind that of Israel and of democratic nations even though its usage is growing and based on the numbers it doesn't seem like it could be fully related to this.

Just to clarify, the risk is not from having a larger number of retail Iranian consumers hogging bandwidth as they download their unique version of internet porn.

It's from state-sponsored cyberwarfare.

Warning: Watch your accounts closely

See latest which I posted here
http://www.fatwallet.com/forums/finance/1254003//m17533384/#m175...

Thanks for the update. That is why I asked who's fault has it been. The way you describe it, it is definitely their fault, although they will probably cite some passage of their account terms to show they are not at fault.

Thanks for the heads up.



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