Thursday 28 July 2016

Cyberattack-Weary Bankers Roll Their Eyes as Trump Goads Hackers

To bankers, Donald Trump’s comments Wednesday encouraging Russian hackers were a bit like someone tweeting out the address to an already-packed party.

As it stands, the cybersecurity climate is an all-hands-on-deck situation, so one more threat — even one prompted by one of the loudest voices in the country — may not matter much.

“We know that our community bank is attacked every day by Russian, Chinese and North Korean cyber hacker teams and it is my understanding that every community bank and credit union in the U.S. is under a similar relentless daily attack,” said Stephen Lange Ranzini, president of the $140 million-asset University Bank in Ann Arbor, Mich. “These attacks won’t increase or decrease based on anything Donald Trump says.”

For those unfamiliar with the Republican presidential candidate’s controversy du jour, Trump said Wednesday he hopes Russia hackers find 30,000 of Hillary Clinton’s emails from when she was secretary of state. Political pundits pondered whether the remarks were treasonous or simply another example of Trump’s bombastic style. For the full article click here 



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