Tag: the Tel Aviv stock exchange

  • Israel hit by cyber-attacks on stock exchange, airline and banks

    Pro-Palestinian hackers suspected of infiltrating websites of three high street banks, El Al and Tel Aviv exchange

    Reuters in Jerusalem

    The Tel Aviv stock exchange was targeted by hackers. Photograph: Oliver Weiken/EPA

    Hackers disrupted online access to the Tel Aviv stock exchange, El Al airlines and three banks on Monday, in what the government described as a cyber-offensive against Israel.

    The attacks came just days after an unidentified hacker, proclaiming Palestinian sympathies, posted the details of thousands of Israeli credit card holders and other personal information on the internet in a mass theft.

    Stock trading and El Al flights operated normally despite the disruption, which occurred as Israeli media reported that pro-Palestinian hackers had threatened at the weekend to shut down the Tase stock exchange and airline websites.

    While apparently confined to areas causing only limited inconvenience, the attacks have caused particular alarm in a country that depends on high-tech systems for much of its defence against hostile neighbours. Officials insist, however, that they pose no immediate security threat.

    “They have demanded an apology for Israel’s defensive measures,” the deputy foreign minister, Danny Ayalon, said on his Facebook page, alluding to the conflict with Palestinians.

    “I am using this platform to send a clear message that … they will not silence us on the internet, or in any forum.”

    The First International Bank of Israel (FIBI) and two subsidiary banks, Massad and Otzar Hahayal, said their marketing sites had been hacked but that sites providing online services to clients were unaffected. Israel’s third-largest bank, Discount, said it had been spared attack, but that it was temporarily shutting down foreign access to its website as a precaution.

    The Tel Aviv stock exchange website could only be accessed intermittently, but screen-based trading was not hit. “There has been an attack by hackers on the access routes to the website,” said Orna Goren, deputy manager of the exchange’s marketing and communications unit. “The stock exchange’s trading activities are operating normally.”

    El Al said it had taken precautions to protect the company site and warned of possible disruptions to its online activity.

    There was no claim of responsibility for Monday’s incidents. However, the Islamist group Hamas, which governs Gaza, welcomed the attacks as a blow against the Jewish state, which it refuses to recognise.

    “This is a new field of resistance against the occupation and we urge Arab youth to develop their methods in electronic warfare in the face of (Israel’s) crimes,” aHamas spokesman Sami Abu Zuhri said in Gaza.

    The Israeli information minister, Yuli Edelstein, told a conference in Tel Aviv that the cyber-attacks were part of a wider move to smear the country’s reputation and “threaten Israel’s economic stability and security”.

    “It’s another episode in the war our enemies are conducting as a campaign of delegitimisation to hit our pockets and lifestyle,” he said, in reported comments confirmed by his spokesman.

    “Israel must use all measures at its disposal to prevent these virtual dangers from turning into real threats and to prevent with all its force attacks against it and its institutions. Today it’s credit card theft and toppling websites, and tomorrow it could be theft of security information and harm to infrastructure.”

    Israel opened an agency to tackle cyber-attacks earlier this month. A founding member of the unit, Isaac Ben-Israel, said the country’s most vital systems were already protected, but that incidents like the ones seen recently would only increase.

    “As long as the systems are not guarded, any hacker anywhere in the world can break into them and do damage,” Ben-Israel said on Israel Radio. “I believe that, done right, in a year or two, we will be able to wipe out all these hackers’ threats.”

    www.guardian.co.uk, 16 January 2012