With the recent wave of powerful Distributed Denial of Service (DDoS) attacks against banks like Wells Fargo and Bank of America, experts wonder if credit unions are next. The attacks, which are attributed to Iran, are a lot more powerful than any cyber attacks seen before.
The group behind the attack, Izz ad-Din al-Qassam Cyber Fighters, recently threatened, “Rulers and officials of American banks must expect our massive attacks! From now on, none of the U.S. banks will be safe from our attacks.”
Credit unions aren't mentioned in the threat, but does that mean they're safe? According to the Credit Union Times, expert opinion is split. Some experts think that credit unions are too small to be targets, but others worry that large, military and government credit unions might be attractive targets for hackers.
Read the full article to learn what you can do to protect your credit union from DDoS attacks.