Financial services firm Charles Schwab was the recent target of a denial of service attack, leaving some customers unable to access their online accounts. But the company says no client data was compromised. Numerous banks have also been under cyber attack in the last few months.
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Charles Schwab, the discount broker whose online operations have been hacked in the past 48 hours, hasn’t yet seen today any continuation of the cyberattacks that had disrupted trading operations for some of its clients on Tuesday and Wednesday of this week.
The company suffered “denial of service” attacks by an unnamed party on Tuesday and Wednesday, leading to blocked access for two hours on April 23 and intermittent blockage of access on April 24, according to a letter from Schwab Chief Executive Officer Walt Bettinger that the company posted on its website. Bettinger stressed in the letter that no client accounts or data were accessed in the attacks.