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Iran Behind Cyber Attacks On U.S. Banks

Soulskill posted about 2 years ago | from the turnabout-is-fair-play dept.

Security 306

New submitter who_stole_my_kidneys writes "Evidence suggests the Iranian government is behind cyberattacks this week that have targeted the websites of JPMorgan Chase and Bank of America. The attacks are described by one source, a former U.S. official, as being 'significant and ongoing,' and looking to cause 'functional and significant damage.' Another source suggested the attacks were in response to U.S. sanctions on Iranian banks."

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306 comments

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Maybe... (5, Funny)

brian0918 (638904) | about 2 years ago | (#41414999)

Maybe if we apologize to them more, they'll like us.

Re:Maybe... (5, Funny)

Anonymous Coward | about 2 years ago | (#41415019)

Maybe if we poke fun of Islam a bit more, they'll actually succeed in eliminating the banks for us. Ha-ha, only serious.

Re:Maybe... (4, Insightful)

Cigarra (652458) | about 2 years ago | (#41415037)

How about not doing things that need to be apologized for, to begin with?

Re:Maybe... (4, Insightful)

Anonymous Coward | about 2 years ago | (#41415097)

Because we don't apologize to barbarians who stone women for adultery after being raped. And, yes, even in the cases of legitimate rape.

Re:Maybe... (5, Insightful)

fredrated (639554) | about 2 years ago | (#41415217)

No, we don't apologize to them, we subvert their democracy and install our own monsters that kill and enslave them, much more civilized.

Re:Maybe... (0, Troll)

CanHasDIY (1672858) | about 2 years ago | (#41415369)

No, we don't apologize to them, we subvert their democracy and install our own monsters that kill and enslave them, much more civilized.

Ooh, ooh, don't forget murdering their citizens in acts of terrorism and kidnapping them for the purpose of torture!

Such moral high ground our government has to stand on... oh, wait, that's not ground, it's a pile of bodies...

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415447)

Ground, bodies, point is they're up high and we're down here.

What do you think this is, the reenactment of Iwo Jima?

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415665)

So nothing different than how they treat women and 'infidels'. I'm fine with that. If they eventually choose to join us in the 21st century I might start caring about them.

Re:Maybe... (-1)

Anonymous Coward | about 2 years ago | (#41415287)

Unfortunately, this Republican thinking of 'us' vs 'them' won't help anything.

Gotta consider Islam 'meme' the same as any viral pathogen. Humans are brainwashed from the time of birth with this completely irrational concept of 'God', 'Sinners' and other loads of crap. Islam is an outburst of 'meme' pathogen like an outburst of malaria or dengue fever - we need to cleanse the society of this 'meme'.

Re:Maybe... (4, Insightful)

Anonymous Coward | about 2 years ago | (#41415379)

"Us vs them" is not by any means a purely Republican thing, as your own comment unintentionally demonstrates.

Re:Maybe... (1)

K. S. Kyosuke (729550) | about 2 years ago | (#41415561)

"Us vs them" is not by any means a purely Republican thing, as your own comment unintentionally demonstrates.

Doctors regularly quarantine people with contagious diseases. Every time that happens, you have very much the same "us versus them" situation and there's nothing Republican about it.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415705)

The idea is to void 'us' vs 'them' at the physical person level. Instead expose the 'meme' as inhuman.

Exposing to sunlight is a great disinfectant, there is no quarantine involved. Same here, expose this 'meme' and let the understanding cleanse the 'meme' out of the society.

Re:Maybe... (4, Insightful)

betterunixthanunix (980855) | about 2 years ago | (#41415487)

...except that we are the ones who created that mess. Remember, we overthrew the Iranian government, then they overthrew the dictatorship we created, then created their own rights-abusing government which we gave weapons to. I guess instead of apologizing to barbarians, we arm them.

Re:Maybe... (-1)

Jeremiah Cornelius (137) | about 2 years ago | (#41415505)

Because we are the barbarians who burn children alive with walls of flame, that we launch from the sky.

Where are the moderate white, American Christians denouncing and disowning this part of their culture?

Re:Maybe... (1)

Anonymous Coward | about 2 years ago | (#41415701)

Still trolling, eh Ahmadinejad?

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415737)

Because we are the barbarians who burn children alive with walls of flame, that we launch from the sky.

So just like how Iran launched chemical weapons into Iraq in the 90s and killed thousands of people? You do realize that Iran has an air force that they have used offensively, right?

Where are the moderate white, American Christians denouncing and disowning this part of their culture?

Why should I care where they are or what they do? I'm not Chrisitian. They are probably off trying to pass bigoted legislation against gays and minorities, bombing abortion clinics and generally acting like theocratic retards.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415695)

Iranian Jews have greater freedom of movement than Palestinians under Israeli occupation. They can travel to and return from Israel (hint dual passports). Palestinians can leave.

What is you view of Israeli youths who wander the streets of Israel shouting 'Death to Arabs' and slitting the throats of unfortunate Arabs they encounter?

Re:Maybe... (-1)

Anonymous Coward | about 2 years ago | (#41415811)

My view is that the whole region should be glassed. Nothing of value will be lost.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415115)

I'm with AC. At least as far as poking fun at Islam. Charlie Hebdo has it right. Mock them until they are marginalized. Stand up to the bully and eventually he'll realize they have no power over us. If everyone stood up and did the same thing they'd find that they are, in fact, a minority and need to step back a little. They can't kill everyone.

Re:Maybe... (1)

Anonymous Coward | about 2 years ago | (#41415129)

Not possible. You can't get along with someone who won't get along with you.

Re:Maybe... (5, Insightful)

SternisheFan (2529412) | about 2 years ago | (#41415267)

How about not doing things that need to be apologized for, to begin with?

First of all, "we", the U.S., didn't do anything. That low budget movie was done by an individual, a man (an Egyptian emigre) with a personal "ax" to grind. He made his movie fully aware it would be controversial. This great country allows anyone, even bozos, to freedom of expression.

To the indoctrinated Muslim, their religion defines them as a people, so of course the movie fanned the flames of unrest. But as for America, WE did nothing wrong, and have no reason to apologize. The Muslim world needs to examine their own society, and come to a resolution concerning their own behavior.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415307)

Are you retarded? Have you forgotten about Stuxnet?

Re:Maybe... (-1)

Anonymous Coward | about 2 years ago | (#41415513)

umm that was anonymous pretending to be US. the US govt would never be cyber terrorists

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415409)

How about not doing things that need to be apologized for, to begin with?

First of all, "we", the U.S., didn't do anything. That low budget movie was done by an individual, a man (an Egyptian emigre) with a personal "ax" to grind. He made his movie fully aware it would be controversial. This great country allows anyone, even bozos, to freedom of expression.

To the indoctrinated Muslim, their religion defines them as a people, so of course the movie fanned the flames of unrest. But as for America, WE did nothing wrong, and have no reason to apologize. The Muslim world needs to examine their own society, and come to a resolution concerning their own behavior.

You need to get out more...

Re:Maybe... (1)

SternisheFan (2529412) | about 2 years ago | (#41415743)

.

You need to get out more...

Whoops, brain-fart. Thought I was still in the 'Anti Islam movie' story.

You know, you do two tabs of acid 30 years ago, you pay for it the rest of your life.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415455)

Jeezus, head buried in the sand much? You think the only rotten thing the west has done over the last few decades is a silly movie?

Re:Maybe... (5, Informative)

betterunixthanunix (980855) | about 2 years ago | (#41415551)

First of all, "we", the U.S., didn't do anything

I guess someone has not been studying the history of US-Iranian relations:

https://en.wikipedia.org/wiki/1953_Iranian_coup_d'%C3%A9tat [wikipedia.org]

https://en.wikipedia.org/wiki/Iran-iraq_war [wikipedia.org]

https://en.wikipedia.org/wiki/Iran-contra_affair [wikipedia.org]

It is not as though the Iranians started to consider us to be enemies without us having done anything to them.

Re:Maybe... (1)

K. S. Kyosuke (729550) | about 2 years ago | (#41415601)

The Muslim world needs to examine their own society, and come to a resolution concerning their own behavior.

You mean like U.N. Resolution 16/18, or U.N. Resolution 62/154?

Re:Maybe... (1)

ch-chuck (9622) | about 2 years ago | (#41415205)

That worked before [wikipedia.org] .

Re:Maybe... (5, Insightful)

crazyjj (2598719) | about 2 years ago | (#41415211)

Well, it Iran's case. It probably didn't help that we overthrew their democratically elected government, stole their oil for decades with a puppet regime, and now are sending in computer malware to blow up their centrifuges and assassinating their nuclear scientists.

Such actions do tend to cause some animosity.

Re:Maybe... (4, Interesting)

berashith (222128) | about 2 years ago | (#41415413)

oh, that was all so long ago... only half of the Iranian's currently living there are old enough to remember those things. Maybe more would be alive if we hadnt propped up their neighbor who was happily killing them with our chemical weapons, but again, that is history now.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415493)

"oh, that was all so long ago... only half of the Iranian's currently living there are old enough to remember those things. "

Yes, that's also why the Amerindians love you so much, they have no memories, youpeeh!

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415657)

What are you? Some kind of fucking communist? There's no middle ground, or possible nuance, in the idiocracy. You HAVE to make a choice and leave common sense behind, you goddamn WHATEVER! We've never been at war with Eurasia!

I'm angry at everything, but I don't understand why I'm so angry! Something is making me angry with Eurasia! Don't tread on me!

Re:Maybe... (3, Insightful)

shentino (1139071) | about 2 years ago | (#41415751)

Evil is evil no matter if it is provoked or not, and that applies to ALL sides of ANY moral issue.

Re:Maybe... (1)

Dan667 (564390) | about 2 years ago | (#41415223)

maybe if the US stops their cyber attacks they will stop too.

Re:Maybe...if We (0)

BoRegardless (721219) | about 2 years ago | (#41415293)

Get serious and apologize for taking out their nuclear facilities they will start to finally take us seriously.

If we do not do so, the day will come in my lifetime when New York City has highly enriched uranium dust spread over the entire city.

Then everyone will say "Why didn't we stop Iran when we had the chance?" Iran will say "It wasn't us; must have been one of those nasty Hezzie groups..."

There is nothing you can do with someone who has sworn to kill you & tear up your home other than to stop them.

Re:Maybe...if We (1)

Obfuscant (592200) | about 2 years ago | (#41415461)

There is nothing you can do with someone who has sworn to kill you & tear up your home other than to stop them.

And yet you want "us" to apologize to them for preventing them from developing nuclear weapons? I'd say that preventing them from having a means of creating nuclear weapons is a pretty nice way of "stop[ping] them", compared to killing them all and tearing up their homes.

Re:Maybe...if We (1)

BoRegardless (721219) | about 2 years ago | (#41415613)

My lame attempt at sarcasm doesn't work and I should stop it.

I don't advocate holocausts. I can, however, see taking out key nuclear facilities. It seems obvious that over the long term, the non-Muslim world stands a great chance of suffering higher costs dealing with the Iranian nukes than taking them out now.

There is never a clean solution when one country says blatantly and openly they will destroy another country or two or three.

Re:Maybe...if We (1)

cheesybagel (670288) | about 2 years ago | (#41415871)

There is already a Muslim country with nuclear weapons and it is only a matter of time until more have them. They keep getting cheaper to manufacture. I don't blame them for wanting nuclear weapons given what happened in Iraq and Libya. Today either you have a viable deterrent or you are screwed into being a lapdog for the US.

Re:Maybe...if We (0)

Anonymous Coward | about 2 years ago | (#41415875)

"...taking out" key nuclear facilities.

I get really annoyed when people use that phrase. "Taking out." Do you mean taking out to dinner and a movie? Perhaps followed by dancing and drinks?

What you are taking about is a military operation for the purpose of destroying facilities and, as a side effect, people. I don't have a fundamental problem with that, but let's call it what it is and not some sanitized version to make it seem to be something different.

Also, while the accuracy of targeting has vastly improved since WWII, attacks of this type are rarely as surgical as you might want them to be. Crap goes wrong. It's a fact of life. People, including those you didn't intend to wound or kill WILL BE wounded or killed.

I've been to that part of the world twice, including commanding Soldiers in combat, so I think I know a little about this.

Overall, I do not disagree with your position. I do however violently disagree with your choice of words.
Words have meaning.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415345)

Maybe we need to introduce them to a great Australian band called AC/DC. Every night, all night.

Re:Maybe... (0)

Anonymous Coward | about 2 years ago | (#41415569)

Diplomatic and economic isolation is a pretty unusual way of "apologizing", but different strokes for different folks, I guess.

(Heh, CAPTCHA = "unstable")

Re:Maybe... (3, Insightful)

cheesybagel (670288) | about 2 years ago | (#41415711)

Given Stuxnet, several mysterious pipeline explosions [washingtonpost.com] , assassinations, explosions at munitions depots, etc. I consider attacking banking websites pretty tame in comparison.

we had it coming... (0)

Anonymous Coward | about 2 years ago | (#41415015)

you can see it now.

all over our faces.

just dripping in the guilt of the deed and the shame.

Bullshit. (1)

Anonymous Coward | about 2 years ago | (#41415033)

"Former U.S. Official" is code for "Anonymous Coward." Why an anonymous source? Surely someone nameable actually knows about this.

Re:Bullshit. (1)

darkwing_bmf (178021) | about 2 years ago | (#41415571)

So former U.S. Official, which department did you work for?

Just disconnect them. (1, Insightful)

Anonymous Coward | about 2 years ago | (#41415035)

Iran already wants their own isolated Internet, so the rest of the world should just disconnect them.

Problem solved!

Re:Just disconnect them. (5, Funny)

Anonymous Coward | about 2 years ago | (#41415123)

Irantranet

Iran, or... (4, Insightful)

Livius (318358) | about 2 years ago | (#41415055)

...someone who would like to frame Iran.

Re:Iran, or... (1)

geekymachoman (1261484) | about 2 years ago | (#41415215)

... WHO ?!?!?

Re:Iran, or... (1)

Nyder (754090) | about 2 years ago | (#41415387)

... WHO ?!?!?

God of course. and I mean, the Jewish God that guides the actions of that country Israel.

Not really sure what that other god, Allah is up to though, probably something sneaky that involves lots of virgins.

Re:Iran, or... (5, Funny)

Hillgiant (916436) | about 2 years ago | (#41415453)

Surely the Doctor would not stoop so low.

Israel (0)

Anonymous Coward | about 2 years ago | (#41415511)

Who else?

The last decade has worked out well for Israel, hasn't it? Lots of enemies crushed under US boot heels for nary a shekel.

Oh, but saying so means I've crossed the invisible line laid down by Spielberg and the whole holocaust brigade. Wouldn't want to be an anti-semite now would I?

Talk about effective marketing!

Oy vey.

Re:Iran, or... (1)

K. S. Kyosuke (729550) | about 2 years ago | (#41415629)

... WHO ?!?!?

Why would the World Health Organization try to frame Iran for anything? Are they unhappy with Iranian physicians or what?

Good (4, Interesting)

Hatta (162192) | about 2 years ago | (#41415105)

Iran is doing more to punish those criminals than our own government is. Thanks Iran.

Re:Good (1)

Anonymous Coward | about 2 years ago | (#41415177)

The IT staff who work overtime dealing with it?

Damn those criminals!

Re:Good (0)

Anonymous Coward | about 2 years ago | (#41415317)

If you lie down with dogs, you get up with fleas.

The IT staff chose to work for those banks and profits from their wrongdoings.

Re:Good (2, Funny)

Anonymous Coward | about 2 years ago | (#41415203)

Hahaha, you think "those criminals" are the ones who will pay the cost for this? You are just adorable. I want to pinch your cheeks.

Re:Good (1)

shentino (1139071) | about 2 years ago | (#41415781)

Bad karma doesn't make what Iran is doing right, but it does rob their victims of the moral high ground if they bitch about it.

False (1)

hawks5999 (588198) | about 2 years ago | (#41415119)

Flag Please pass laws to protect our series of tubes now Government. Please keep us safe.

Rock n' Rolla, Ayatollah (2)

ra1n85 (2708917) | about 2 years ago | (#41415169)

Some advice to the firms helping Iran out with this:
Avoid being paid in rials.

I wonder how and why (4, Interesting)

circletimessquare (444983) | about 2 years ago | (#41415187)

The brave cyberwarriors of the theocracy can on one hand fight for the glory of their dogmatic institutions, while using the technology that the infidels invented, that they wouldn't even possess, without assembly in infidel lands.

How is God great when it is the godless who provides the tools used to prove God is great?

Re:I wonder how and why (1)

bigtrike (904535) | about 2 years ago | (#41415305)

So if we fought a war against China, you'd advocate that we don't use gunpowder based bullets?

Re:I wonder how and why (1)

coyote_oww (749758) | about 2 years ago | (#41415481)

Where the idea came from originally doesn't matter much in the West, we accept ideas from everywhere. Iran purports to not have that same liberality.

Re:I wonder how and why (0)

Anonymous Coward | about 2 years ago | (#41415621)

Sounds like a great idea to me, it'll end like one of the crusades and we won't have as many 'true believers' to deal with since most of them will be dead. Solve the 'leadership problem' seperately and they'll turn to moderates within a few generations :)

Re:I wonder how and why (2)

sdguero (1112795) | about 2 years ago | (#41415509)

I've had the same problem with televangelists for years...

Re:I wonder how and why (2)

betterunixthanunix (980855) | about 2 years ago | (#41415587)

The Persians have a long history of trade with other nations and cultures, and the Iranians have not simply forgotten that history. Iran as it exists today is screwed up primarily because of the US and the UK overthrowing a democratically elected government that was trying to nationalize oil concerns, as well as the US backing the brutal dictatorship that followed that coup d'etat, and the US supplying weapons to both sides of the Iran-Iraq war. The Iranians did not wake up one day and decide they wanted a brutal, rights-abusing government; they rebelled against that sort of thing when it was forced upon them, and like most revolutions, they only winded up creating more of the same.

oh gawd, not this ignorant shit (2, Interesting)

circletimessquare (444983) | about 2 years ago | (#41415773)

yes, the usa and the uk did bad things in the cold war. so did the soviet union. in fact, every single goddam country in the world has a black mark on its past from some point in its history

what does that mean? NOTHING. what the usa did in the cold war has zero, ZERO bearing on the beliefs and will and agenda of the actual iranians in charge of the actual country of iran today

are iranians an angry hive of bees? dumb forces of nature? i don't think so. but you think so: according to you, iranians are not real people, capable of their own motivations, ideas and thoughts. in your mind iranians are only cardboard cut out automatons, whose range of actions are confined to mirror image reflections... of what somebody did in the west 60 years ago!

colonialism is over. the cold war is dead. the point of history is to learn from it, not be TRAPPED in it

i mean let's put it this way: bin laden bombed the wtc on 9/11/2001. therefore, i can blame all politics in the usa since that point in time on saudi arabia. right? bush was elected again in 2004 because of bin laden. obama was elected in 2008 because of bin laden. the dream act being stymied out is because bin laden. iphone 5 is because of bin laden. it's the year 2045, some guy in the usa landed on mars. of course, because of what bin laden did in 2001

do you see how stupid this is?

i lose my patience with this condescending, patronizing ignorance where, in your mind, all sources of good, or bad, can only flow from the west

brain dead dipshit: there are actual people with their own original ideas in other parts of the world. shocking huh? (such as islamic rule, which was the basis of the iranian revolution in 1979... did the usa invent islamic rule?)

stop commenting on international issues, it's embarrassing

Re:oh gawd, not this ignorant shit (0)

Anonymous Coward | about 2 years ago | (#41415857)

are iranians an angry hive of bees? dumb forces of nature? i don't think so. but you think so: according to you, iranians are not real people, capable of their own motivations, ideas and thoughts. in your mind iranians are only cardboard cut out automatons, whose range of actions are confined to mirror image reflections... of what somebody did in the west 60 years ago!

Strawman arguments are lies.

Re:I wonder how and why (0)

Anonymous Coward | about 2 years ago | (#41415807)

Hmm...me thinks you should probably read some history books before you start feeling all superior about how those stone-age Iranians (Persians I believe they used to be called) are using technology "we" created.
http://en.wikipedia.org/wiki/Timeline_of_Islamic_science_and_technology
http://en.wikipedia.org/wiki/Mathematics_in_medieval_Islam
Modern Iran has indeed descended into religious extremism over the last however many years, but that can be directly attributed to the actions of the United Kingdom, Russia and the glorious United States of America.
http://en.wikipedia.org/wiki/Covert_United_States_foreign_regime_change_actions#Iran_1953
Maybe if we start holding our own government accountable for all they crap they get up to around the world we won't have to act shocked every time we discover some payback is coming back our way.

Good! (0, Funny)

Anonymous Coward | about 2 years ago | (#41415233)

Let's bomb them off the face of the earth. Now that peace is racist, war is good now.

Unless Romney wins. Then war will be bad again.

Maybe sanctions are working... (0)

Anonymous Coward | about 2 years ago | (#41415239)

If they're responding, that seems like a good sign that the sanctions matter to them.

We should retaliate! (3, Insightful)

JabrTheHut (640719) | about 2 years ago | (#41415279)

Maybe we can overthrow their government and install a brutal dictator who will torture and murder people with our approval.

Maybe we can pay a neighbouring country to start a war with them. We could give that neighbouring country chemical and biological weapons and then accuse Iran of using them.

We could impose crippling sanctions on them, denying them medicine and illegally seizing their assets where we can, and threatening anyone who trades with them.

We could fund Sunni extremists to blow up cars in crowded markets, hoping to start a wave of terror.

We could start murdering their scientists and academics.

We could launch our own cyber attack on them.

Well, we could do all these things again, as we've done them all at least once. Maybe,if we can't think of anything else, we can ask, exasperated, "Why do they hate us?"

Re:We should retaliate! (2)

ViperOrel (1286864) | about 2 years ago | (#41415351)

No body hates anybody here. These are countries, not people. Countries don't actually have friends or enemies. Only interests.

If they want us to stop setting their stuff on fire, they need to align their interests with ours. Until then, we'll keep inching that armada we've got off their coast ever closer until either they take a shot at us or somebody sneezes and then the war starts.

Re:We should retaliate! (2)

Cigarra (652458) | about 2 years ago | (#41415639)

If they want us to stop setting their stuff on fire, they need to align their interests with ours.

How does the antelope align its interests with the lion's? Becoming suddenly suicidal?

Re:We should retaliate! (1)

shentino (1139071) | about 2 years ago | (#41415799)

They are people.

Just not the citizens.

A nation's word is expressed by whoever is in charge, to wit, the government.

When a kingdom speaks, it is with the voice of the king, not the voice of the people. The only way the people get any say is if the king says they do.

Re:We should retaliate! (1)

afidel (530433) | about 2 years ago | (#41415625)

We could give that neighbouring country chemical and biological weapons
citation needed

We could start murdering their scientists
That was Israel, not the US, it's unlikely the US would have approved if Israel had bothered to ask us.

I'm not saying the US has been real friendly towards Iran, we've kind of been dicks to them over the last 60 years or so, but let's keep facts straight.

Tit for tat cyberware (5, Insightful)

Anonymous Coward | about 2 years ago | (#41415311)

You destroy their centrifuging equipment, they attempt to kick your in the bank. What ? youw ere expecting in impunity to attack a coutnry without that coutnry answering ?

So what do those 2 have in common? (0)

Anonymous Coward | about 2 years ago | (#41415319)

Oh yes. They both run Windows (yes, both are windows, they are NOT BigIP or JPMC). Think that China and Iran knows something that our gov. likes to deny? I do.

Bacon. The Weapon of Choice Here. (0, Funny)

Anonymous Coward | about 2 years ago | (#41415321)

Employ soft Bacon Bombs and the natives will be quelled.

Oblig. xkcd (1)

Anonymous Coward | about 2 years ago | (#41415355)

http://xkcd.com/932/

make a tough guy out of a geek (-1)

Anonymous Coward | about 2 years ago | (#41415407)

You wanna make a tough guy out of a geek? Just mention Iran.

$40B Per Month Tells Me They Will Be Ok.. (2)

SuperCharlie (1068072) | about 2 years ago | (#41415425)

With the endless parade of cash from Bernanke currently scheduled to the tune of $40 BILLION per month indefinitely, somehow, I think these poor abused banks will squeek through this. Hell.. they could buy every damn tech manufacturer then make them custom build giant golden cow shaped HFT machines the size of the statue of liberty and then still have enough bailout cash to fill every Olympic pool in the US with $100 bills.

Re:$40B Per Month Tells Me They Will Be Ok.. (0)

Anonymous Coward | about 2 years ago | (#41415635)

I would like to see the math behind this statement.
Equations or it didn't happen!

Re:$40B Per Month Tells Me They Will Be Ok.. (2)

afidel (530433) | about 2 years ago | (#41415749)

Err, the $40B is the Fed buying T-bills, the only way that's helping the big banks is by causing the yield on those instruments to fall thus making other investments (like perhaps bonds issues through big banks) more attractive.

Re:$40B Per Month Tells Me They Will Be Ok.. (3, Informative)

SuperCharlie (1068072) | about 2 years ago | (#41415831)

http://online.wsj.com/article/SB10000872396390443890304578006702760267388.html [wsj.com] The Fed said it would buy mortgage-backed securities, or MBS, for an indefinite period to bolster the economy. Smells like shoveling money at the derivatives to me.. and who holds a metric fuckton of those I wonder...

Re:$40B Per Month Tells Me They Will Be Ok.. (1)

afidel (530433) | about 2 years ago | (#41415861)

I had missed that, thanks. Well then QE3 really is a bailout for the big banks =(

propaganda (3, Insightful)

dtml-try MyNick (453562) | about 2 years ago | (#41415441)

I think this is the second or third accusation from the US to Iran about something or the other this week.

This pastern of preparing people for another war again is getting a bit obvious by now,

Re:propaganda (0)

Anonymous Coward | about 2 years ago | (#41415775)

We don't need extra propaganda to go to war with Iran. Iran gives us all we need by having things like "Hate America" days, and threatening to bomb our allies.

You might say it's unfair, the US does similar things, but that doesn't matter for propaganda purposes.

We need a "World" court (1)

SternisheFan (2529412) | about 2 years ago | (#41415443)

We need to have a world court, staffed with judges representing all countries. The United Nations is not effective enough. And it needs to be implemented soon.

Re:We need a "World" court (5, Insightful)

nospam007 (722110) | about 2 years ago | (#41415543)

"We need to have a world court, staffed with judges representing all countries."

We have had that for years. The US wants no part of it, because lots of war criminals are US citizens.

Re:We need a "World" court (5, Insightful)

jittles (1613415) | about 2 years ago | (#41415835)

The US probably could not legally be a part of such "World Court" without violating the US Constitution. Certainly the only way it would ever remotely be constitutional is if it were a ratified treaty, approved by the legislature and signed by the executive branch. There is little chance of that happening, and probably for good reason. There is no reason that a government shouldn't be able to enter into negotiations to resolve disputes with other countries, and certainly other countries should be free to sanction any country they choose, but to have some third party enter two entire nations into binding and un-appealable agreements does not sound very smart. How can you say that any of the judges are unbiased or fair? Because I know no man or woman who is unbiased, and most are not fair.

And what force ensures that people hold up their end of the judgement? The UN? The UN wasn't set up in a way that instills faith in its abilities to end disputes, or to enforce judgements.

Re:We need a "World" court (0)

Anonymous Coward | about 2 years ago | (#41415557)

The problem with this is that the West seems to have a political patent on the terms "the world" and "the international community", which more often than not simply consist of a few nations speaking for all of the world.

Re:We need a "World" court (1)

Cigarra (652458) | about 2 years ago | (#41415675)

Uhm, there is one already [icj-cij.org] . The US opted out, thank you very much. You don't get to bully everyone if you have to be responsible for your acts.

This is bullshit (0)

Anonymous Coward | about 2 years ago | (#41415573)

Like some guys claiming to be "Anonymous" (which in turn is nobody and anybody, convenient heh), attributing said "cyber attacks" to "Iran" is obvious intoxication, in the line of the ongoing propaganda aiming at having people thinking of Iran as some kind of new Evil.

This is but the usual bullcrap. Like pretending Iran is developing nuclear weapons, whereas any nuclear ingineer knows perfectly that what is being developed currently cannot possibily we used for making nukes. Lies, propaganda, warmongering, the usual stuff people have been spoonfed for ages.

Gotta Love the Hyperbole! (3, Insightful)

CanHasDIY (1672858) | about 2 years ago | (#41415583)

From TFA:

A group of purported hackers in the Middle East has claimed credit for problems at the websites of both banks, citing the online video mocking the founder of Islam. One security source called that statement "a cover" for the Iranian government's operations... Also, one source suggested the attacks were in response to U.S. sanctions on Iranian banks.

... and of course, if an anonymous coward says it, it must be true!

A ["]conservative["] website, FreeBeacon.com, initially reported on the Pentagon analysis, quoting it as saying, “Iran’s cyber aggression should be viewed as a component, alongside efforts like support for terrorism, to the larger covert war Tehran is waging against the west.” U.S officials did not deny the FreeBeacon report when queried by NBC News.

Uh... it's not really 'aggression' when it's in response to a previous, unprovoked attack, is it? I think the phrase you're looking for is "the best defense is a good offense."

The former head of cyber-security for the White House testified Thursday that “we were waiting for something like this from Iran.”

So... US/Isreal invades Iranian territory, hacks their computers causing millions in physical damage to equipment, murders Iranian nationals within their own borders with drive-by bombings, sanctions, constant threats and saber-rattling... but Iran and their allies are the terrorists for allegedly perpetrating a DDoS attack on a couple outward-facing bank websites?

Yea, I think most bullies would, at some point, realize that at least one of the people they've fucked with will eventually retaliate.

Good. (2)

TechwoIf (1004763) | about 2 years ago | (#41415607)

Now maybe the banks will start fixing there sites. Poor security, only works in IE, etc.

Butthurt Muslims (0)

Anonymous Coward | about 2 years ago | (#41415689)

Past week or so uh... so the muslims who are still butthurt over that stupid movie, isn't it.

Not a single shred of evidence. (0)

Anonymous Coward | about 2 years ago | (#41415735)

Not a single shred of evidence mentioned in the article other then some report that we, the American people, are not worthy of being privy to.

It must not be that important if they're not willing to tell us about it, certainly not reason to go to war. If this was worthy of a military intervention, surely we'd be fully informed.

Meet the New Slashdot...CNN without the pretty pictures. Maybe we can convince PopeRatzo to start a new one...

CAPTCHA: prefab

Yeah, bullshit. (0)

Anonymous Coward | about 2 years ago | (#41415815)

More Israeli controlled media propaganda to justify another illegal attack.

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