PNC FINANCIAL SERVICES GROUP OFFICIAL: IRAN CONDUCTED CYBERATTACK ON BANK

Washington Times on October 18, 2012, reported that a senior U.S. banking executive said that Iran was behind an ongoing series of massive cyberattacks that have targeted nine major U.S. banks in recent weeks by slowing or interrupting access to their websites. Excerpts below:

“Now they’re talking about they sourced it from Iran,” James Rohr, chief executive of PNC Financial Services Group, told CNBC.

Mr. Rohr said the attack on PNC was the longest on any bank so far and of unprecedented ferocity.

“We were just barraged … they just pummeled us,” he said, adding the attack had lasted for “38 hours straight.”

The attacks, which began last month, use a relatively crude form of cyberweaponry known as Distributed Denial of Service, or DDoS. Such attacks bombard targeted Web servers with bogus data requests, blocking access by legitimate customers and users.

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