According to a federal indictment announcedMarch 24, 2016, seven attackers with links to the Iranian government executed cyberattacks against dozens of banks from 2011 to 2013 that disabled their websites and interfered with hundreds of thousands of customers’ ability to access their online accounts.
Public announcements of cyber incidents against the financial system allegedly carried out by foreign actors are undoubtedly areas for concern. However, this announcement included an unusual twist that warrants potentially even greater worry: The attackers also targeted a small dam near New York City.
One of the alleged attackers is accused of repeatedly gaining access to the control system of the Bowman Avenue Dam, a small flood-control structure in Rye Brook, about 20 miles north of New York City, through a cable modem.
According to government officials’ disclosure, the attacker was able to obtain information about the dam’s operations, including its water level, temperature and sluice gate, and could have sent water pouring into the city of Rye if the gate had not been disconnected for maintenance when the intrusion occurred. Though it’s one of the lesser-known of the 75,000 dams in the United States, a successful cyberattack on the dam could havethreatened a neighborhood of more than 200 residents, where 3,000- to 5,500-square foot homes sell for more than $1 million. For the full article click here
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