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May 21, 2013

Cyber Attacks Hit Major Banks. Is Your Business Next?

Over the past week, several websites belonging to some of the largest banks in the country have been hacked in what experts are calling one of the "biggest cyber attacks they've ever seen." As this CNN Money article points out, the websites "have all suffered day-long slowdowns and been sporadically unreachable for many customers."

According to security experts, the "denial of service" attacks, which began on Sept. 19, are the largest ever recorded. 

For all businesses, denial of service attacks are a growing and more menacing threat.  Your customers can’t access your website and can’t buy your goods and services. This can be catastrophic to your company. So the question remains: What have you done to protect your business?

The CNN Money article can be read in its entirety clicking on the link below. 

CNN Money - "Major banks hit with biggest cyberattacks in history"

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About the Author

Partner

Roy E. Hadley is a partner in the Atlanta office of Barnes & Thornburg LLP where he is a member of the firm’s Corporate Department and co-leader of the firm’s Cloud Computing and Cyber-Security practice team. He counsels clients in complex corporate and outsourcing transactions, with a focus on those transactions involving cloud computing, intellectual property, technology and information security. Mr. Hadley specializes in counseling c-level executives and boards on information security risk management. 

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Contributors

Partner

Joan L. Long is a partner in the Chicago and Grand Rapids offices of Barnes & Thornburg LLP, where she is a member of the Intellectual Property Department and Chair of the Advertising and Marketing Group. Ms. Long’s practice is focused on virtually all aspects of trademark and brand protection and enforcement.

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