Wells Fargo - Latest victim of cyberattacks on U.S. financial institutions

Wells Fargo’s website experienced intermittent outages when a hacker group called “Mrt. Izz ad-Din al-Qassam Cyber Fighters” claimed responsibility and also threatened to hit U.S. Bancorp and PNC Financial Services Group. The method used against Wells Fargo could be a distributed denial-of-service attack, which bombards a website with traffic in an attempt to make it unreachable. http://alrt.co/SNBPO3

Takeaway: Distributed denial-of-service attacks (DDOS) can be minimized or even completely mitigated by a properly planned Web security infrastructure consisting of global DNS as well as Web application firewalls.