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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)

http://www.washingtonpost.com/world/national-security/us-response-to-bank-cyberattacks-reflects-diplomatic-caution-vexes-bank-industry/2013/04/27/4a71efe2-aea2-11e2-98ef-d1072ed3cc27_story.html

By Ellen Nakashima
Washington Post
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 strike.

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 government response.

“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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