Banking, finance, and taxes
Wells Fargo Hacked -- Who's Next?
Published:
Last Updated:
Wells Fargo & Co. (NYSE: WFC) joins J.P. Morgan Chase & Co. (NYSE: JPM) and Bank of America Corp. (NYSE: BAC) as its major consumer customer site apparently was hacked and service completely disrupted. All of these attacks have caused a concern that deposits eventually would be at risk. Whether that will be damaging to electronic payments and e-commerce is too early to say. But the problem is at least a possibility.
Reuters reports:
Wells Fargo’s problems came the same day that an unidentified person on the Internet called on “cyberspace workers” to attack the bank’s site. In a posting on pastebin.com, the person also warned of attacks later this week against U.S. Bancorp and PNC Financial Services Group Inc.
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
