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
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
