Bank Hackers Say They're Taking a Break

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The Izz ad-Din al-Qassam Cyber Fighters, a group that's been launching ongoing cyber attacks against U.S. banks for several weeks now, recently stated that it's taking a brief break from its campaign.

"A Tuesday Pastebin post from the Izz ad-Din al-Qassam Cyber Fighters hacktivist group said that in honor of the Muslim Eid al-Adha holiday, which in 2012 runs from the evening of Oct. 25 to the evening of Oct. 26, they're planning a break," writes InformationWeek's Mathew J. Schwartz. "'To commemorate this breezy and blessing day, we will stop our attack operations during the next days,' according to the group's statement."

"This is good news for numerous UK, French and Israeli banks, which have had also threats made against them, according to an industry insider," writes The Huffington Post's Ted Thornhill. "Justin Crump, CEO of security intelligence and risk management consultancy Sibylline, said the group 'made a dent in some pretty big systems' but only caused the banks 'a bit of stress' and that it was 'a bit annoying,' but didn't represent a particularly big threat."

"Last week HSBC, Ally and BB&T confirmed they were the latest banks to be targeted by the DDoS attacks, joining previous victims which include Wells Fargo, US Bank, PNC, Bank of America, JPMorgan Chase, Capital One, Suntrust Bank and Regions," writes Security Bistro's Anthony M. Freed.

"The al-Qassam group says it has launched so-called denial-of-service attacks against the companies in retaliation for an American-made, anti-Islamic film," writes American Banker's Brian Browdie. "A trailer for the movie that appeared on YouTube set off demonstrations in September in Middle Eastern countries."