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A "WANTED" poster of Russian individuals is seen during a news conference to announce criminal charges October 4, 2018 in Washington, DC.

Attacks on financial institutions are a worldwide cyber threat.

“Hacktivists” Strike Back

April 2011, Number 02.02

“In December 2010, the websites of international financial services giants Visa, Mastercard and PayPal were temporarily shut down, victims of a coordinated cyber attack dubbed Operation Payback by its perpetrators. “Hacktivists” who support Wikileaks and its founder Julian Assange attacked after the companies terminated service and disabled donations to the website. The economic impact of the attack remains unclear and the targeted companies denied suffering consequential losses. But the attackers, using the names “Anon” and “Anonymous,” demonstrated the ability of cyber attacks to infiltrate and damage businesses and government agencies.

A modern form of protest

Anonymous didn’t protest by chanting slogans or waving signs — it struck against Wikileaks’ perceived enemies in the spirit of the virtual world they share. Wikileaks, whose raison d'être is exposing classified or confidential government or corporate information, is under pressure from the United States and other governments after leaking more than 250,000 U.S. State Department diplomatic cables in November 2010. The U.S. accuses Wikileaks of endangering lives by revealing unlawfully obtained secret government information and requested that companies cut ties with the website, as reported in The Independent...”

Excerpt from per Concordiam Staff, “ Hacktivists Strike Back,” per Concordiam: Journal of European Security Defense Issues 2, No. 2, 2011: 58-59.

This article reflects the views of the author and are not necessarily the official policy of the United States, Germany, or any other governments.