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
- Entrepreneur, television and radio commentator, speaker, media personality, best selling author, Ari Zoldan has made his mark in the technology, business and start-up sectors. As CEO and founder of Quantum Networks, LLC, a New York City-based e-commerce company, Zoldan oversaw the company’s expansion from a startup in 2008 to a multimillion-dollar company in 2014. His oversight gained the company a 4,566% increase in revenue a rise deemed unprecedented in the industry.

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