14 DAY TRIAL // Lloyds Bank was hit with a DDoS attack for three days straight as hackers tried to crash the website, managing to cause intermittent outages for customers on the personal banking websites.
It seems that it all happened two weeks ago, starting on January 11 and ending on Friday 13, the Financial Times reports.
The largest lender in the UK was hit with a distributed denial of service (DDoS) by international hackers, although it is not mentioned where exactly this attack came from. Flooding the website with huge volumes of traffic, so they overload the system, hackers managed to cause some issues for the British bank by prohibiting customers to access online banking in order to check their balance or send payments, something we have all become so accustomed to.
DDoS attacks are somewhat of a go-to tool for cyberattackers who try to take down various websites and services. They are quite popular, and we hear about them quite frequently, sometimes with success on the part of the hackers, other times with failure. This time around, it seems that they did not manage to do much damage, despite the prolonged time of the attack.
No customers lost money as a result of the attack
Thankfully, unlike other attacks on banks, this time no customers lost money. For instance, Tesco Bank was recently victim to a cyberheist where hackers got away with $3.1 million from 9,000 customers.
According to Lloyds officials, only a small number of customers experienced problems over the three days. Most often than not, when they attempted to log in, they were not able to access their accounts.
Right now, Lloyds Banking Groups is working alongside law enforcement agencies to figure out who was behind the attack. It remains to be seen whether the police will be making any headway since it is quite often that such hackers remained uncaught.