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Bank of America cyber attackers tied to terror group?

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    Financial institutions still a key target

  • Duration 3:19
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The hackers who sparked outages at Bank of America's website may have ties to Islamic terror group.

That's what -- com source close to the matter is confirming to the Fox Business Network.

Bank of America's website was ultimately down for several hours.

The source fox -- source suggests the attack could be related to the recent threats posted on the hacking web -- -- bin.

Bank of America hasn't commented on the possible leak but a spokesman did say and I quote.

I can tell you that we continuously take corrective measures to secure systems.

That's company.

Meantime the most -- West Virginia democratic senator Jay Rockefeller chairman of the Senate Commerce Committee.

Reveal that he's written letters to every fortune 500 company asking each to describe.

How it handles security on line.

-- -- cyber -- -- technology analyst Morgan right hello Morgan.

I should good to see again so they I guess what they did was a denial of service attack on on on Bank of America which means you just keep.

Throw in stuff that it at the website so people just can't get in and out but nothing compromise in the way of money -- people's accounts are.

-- pretty close what they did is they attack the domain name the Bank of America so if you tried to log in using Bank of America you would you wouldn't get a response that.

You could actually type in -- IP address there there was a couple of other ways to get to it but they they elected to go after the most popular way to get to him which was through their domain name and that.

Prevented people from doing some other online banking.

Right Bank of America dot com but if you are going through an app on your iPad or your Droid or some run you can get it what what what is this connection and why is there -- thought that.

A terrorist organization would block one domain name.

Well you know you're talking about paste into that group was called is -- -- Alka -- I mean they're an offshoot Hamas there an armed group.

I think they lack the organic capability to what to do what they did was they took they they won the first -- marketing which is to generate awareness so you know.

Whether it's related to that are potentially Iran flexing a little bit of their cyber muscles.

We don't know but we do know even from the -- from 9/11 up until now financial institutions have been a key target.

For espionage for counterterrorism in four acts of terrorism.

So it's logical to assume that banks now are still remain targeted and it's ramping up and there was a threat against the New York Stock Exchange as well but apparently no problems there.

Now and actually some of these attacks are a little bit pedestrian I mean -- -- not -- I mean they were able to do.

That you deploy some candor majors shapes and traffic can get them back on line it's more of an annoyance right now.

But it does create a huge issue with trusted that system can't make it to my personal information is my banking.

Information been exposed -- so it does create a huge risk and a trust issue between bank.

In the consumers but -- -- because -- part of our job abusive things like this straight people should know and you tell me if I'm -- That there was a denial of service attack on Bank of America does not -- any way suggest that he -- -- was ever in any trouble.

Now and that's and that's that's the fact it it didn't get into the banking information but the problem is we start dealing in perception of somebody says hey we did this -- they put out a press release or they.

Post on -- spent people start reacting to perception not the actual facts and that's what the banks are trying to stop this.

Nothing really happened here it's just some intermittent outages and and -- back on -- now have some happens in a lot of parts of life Morgan right with a -- sir thank you.

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