The most recent cyber attacks on American Express, JP Morgan Chase, and South Korean banks over the last month have spurred debate on how best to handle this growing hacktivist phenomenon. Over the past couple of years, hacker groups consisting of individuals from across the globe have attacked government protected sites and corporate banking sites, determined to disable activity as a form of civil protest against certain actions or establishments. Since these attacks began, they have disabled government websites and corporate banking sites, including those of American Express, JP Morgan Chase, Wells Fargo, and Bank of America. A group of hackers referred to as Izz ad-Din al-Qassam Cyber Fighters has been leading these banking assaults. Using a technique called denial-of-service attacks, hackers overload the targeted site with Web activity from infected computers until the site is saturated with activity and shuts down. With the recent bank site attacks, the hackers used commercial data centers infected with complex malware to simultaneously fire Web traffic at each bank, which resulted in massive technological assaults.


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About The Author
- Ari Zoldan is the CEO of Quantum Media Group, LLC a global marketing and media company based in New York City. As an on air TV personality, Zoldan can be seen regularly on FOX News, CNN and CNBC covering technology, business and innovation. He is a frequent source for journalists and is quoted regularly in major media outlets. He holds press credentials on Capitol Hill and the United Nations and is a member of The National Press Club in Washington, DC. He is one of the few selected individuals to hold the position as an "IBM Watson Futurist."

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