Feeds

Etrade suffers DDOS festive treat

Gremlins shut down trading

The essential guide to IT transformation

ANZ Bank-owned online broker ETrade, has been the target of a sustained malicious offshore generated cyber attack.

The denial-of-service attack resulted in thousands of emails flooding the broking site, prompting a cessation of services from Christmas Eve to the New Year period.

According to a Fairfax report, offshore Etrade clients were the worst affected with some countries unable to access accounts for almost two weeks. An ETrade spokesperson confirmed that while overseas clients were , more profoundly affected, Australian clients had intermittent access to their accounts.

"We experienced some malicious activity that impacted the performance of the ETrade website prior to Christmas," the ETrade spokesperson said in a statement.

"We responded immediately to minimise any disruption to our clients and ensure our data remained secure. At no stage was security of the ETrade site breached," it added.

Neither ANZ nor ETrade have supplied any detail on the nature of the attack or who the culprit was.

Customers only received an explanation of the outage yesterday stating, "immediate action was taken to restrict access from some overseas locations, but given the nature of the incident we were restricted in what we could communicate with you at the time. Importantly, at no stage was the security of the Etrade website breached."

The Sydney Morning Herald reported that St George customers were also affected by the attack as its online trading service is supplied by Etrade. ®

Next gen security for virtualised datacentres

More from The Register

next story
Snowden on NSA's MonsterMind TERROR: It may trigger cyberwar
Plus: Syria's internet going down? That was a US cock-up
Who needs hackers? 'Password1' opens a third of all biz doors
GPU-powered pen test yields more bad news about defences and passwords
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
Germany 'accidentally' snooped on John Kerry and Hillary Clinton
Dragnet surveillance picks up EVERYTHING, USA, m'kay?
Linux kernel devs made to finger their dongles before contributing code
Two-factor auth enabled for Kernel.org repositories
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.