The website glitches and outages that affected Bank of America and Chase last week are rumored to be just that sort of attack. Financial fraud sources say both banks were hit with denial-of-service attacks likely backed by Iran. With the U.S. election approaching, institutions can count on more DDoS attacks sponsored by nation-states. The goal: To steal online banking credentials and other sensitive information. The timing of the attacks around the election is key, says an analyst at consultancy firm Aite.”]
Source: https://www.bankinfosecurity.com/blogs/banks-expect-more-attacks-p-1361