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U.S. response to bank cyberattacks reflects diplomatic caution, vexes bank industry
From: InfoSec News <alerts () infosecnews org>
Date: Mon, 29 Apr 2013 00:27:10 -0500 (CDT)
By Ellen Nakashima
April 27, 2013
The United States, concerned that Iran is behind a string of cyberattacks
against U.S. banking sites, has considered delivering a formal warning through
diplomatic channels but has not pursued the idea out of fears that doing so
could escalate hostilities, according to American officials.
At the same time, the officials said, the disruptive activity against the Web
sites has not yet reached a level of harm that would justify a retaliatory
The internal discussion reflects the complex nature of deciding when and how
the United States should respond to hostile cyber-actions from other countries.
It also reflects the pressure the administration is under from banking industry
officials, who want to know what amount of pain or damage will justify a
“We don’t have a clear view of what are the triggers — and we’ve asked,” said
one industry official who has been involved in discussions with the
administration and who spoke on the condition of anonymity. “They’ve just been
very coy about it.”
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- U.S. response to bank cyberattacks reflects diplomatic caution, vexes bank industry InfoSec News (Apr 29)