Wells Fargo Is Latest Bank to Report Website Disruptions

Print
Email
Reprints
Comment (1)
Twitter
LinkedIn
Facebook
Google+

Another one of the nation's biggest banks has experienced a digital disruption.

Wells Fargo (WFC) said Tuesday that some of its customers had trouble logging on to its website, roughly a week after online customers of Bank of America (BAC) and JPMorgan Chase (JPM) encountered similar delays.

"We apologize to customers who may be experiencing limited access to @wellsfargo.com & online banking," Wells Fargo tweeted Tuesday. "We are working to quickly resolve this issue."

Wells Fargo, which posted a similar message on Facebook, said customers still could access their accounts via the bank's ATMs or phone, or by visiting its branches.

The slowdown comes a week after someone threatened to attack both Bank of America and the New York Stock Exchange (NYX) in retaliation for the "Innocence of Muslims," an American-made, anti-Islamic film. It also follows a report that hackers from Iran may have targeted the biggest U.S. banks as part of a broader cyber offensive against the United States.

The Financial Services Information Sharing and Analysis Center, an industry group, has boosted its cyber threat level to "high" from "elevated" and urged members to monitor their networks carefully. The FBI warned recently thieves may be trying to steal information from financial firms' websites that could be used to make fraudulent wire transfers.

The White House is said to be considering directing federal agencies to adopt guidelines for cybersecurity at power plants, water treatment facilities and other critical infrastructure, Reuters reported Tuesday. The executive order would incorporate elements of a bill that failed to clear the Senate in August following a filibuster.

JOIN THE DISCUSSION

(1) Comment

SEE MORE IN

RELATED TAGS

'The Law Penalizes the Consumers It Set Out to Protect': Comments of the Week

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

(Image: Fotolia)

Comments (1)
It is close to criminal that these big banks sitting on hoards of cash compliments of American tax cannot be bothered to implement rigorous security protection for hackers.

Maybe the BoD could see its way clear to drop all senior executive bonuses in each year where their systems are hacked. Security issues would get priority really fast.
Posted by kmtominey44 | Monday, October 01 2012 at 4:35PM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

The FinTech 100

FIS and Tata once again top the annual FinTech 100 list of vendors, ranked by revenue; IBM and Hewlett-Packard lead the pack of tech companies serving multiple industries; and Bionym and Silver Tail are among the 10 Tech Companies to Watch.
DAILY ENEWSLETTER UPDATE

A Newsletter featuring Bank Technology News' top stories plus special reports and data

This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.

TWITTER
FACEBOOK
LINKEDIN
Already a subscriber? Log in here
Please note you must now log in with your email address and password.