Tizzy Over Bank Cyberattacks Unwarranted, Say Researchers

A week-long cyber attack on some of the nation's largest banks last week most likely wasn't the Armageddon headline writers made it out to be. "It's ridiculous to consider an attack that takes your website offline for a few hours the world's worst nightmare scenario," said Jeffrey Carr, CEO of Taia Global and author of Inside Cyber Warfare: Mapping the Cyber Underworld. The cyber attacks on the banks started Sept. 19 and ran through most of last week.

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