Skip to comments.Push of a Button: This Is How Fast the Entire Banking System Can Be Locked Down
Posted on 12/25/2013 5:08:43 PM PST by Tolerance Sucks Rocks
Late last week it was learned that some 40 million charge cards were obtained using physical processing systems located in Target retail locations nationwide. Though no details of the how the hack attack was executed have been released by Target, the FBI or other agencies investigating the breach, it is likely that the processing machines themselves were compromised. Target claims that the hack was sophisticated, but on the technical side, once hackers found a way into the credit card processing machines, probably via remote entry from servers somewhere in Eastern Europe or Russia, the theft of credit card data itself would have been fairly straight forward by using scripts or applications that simply capture the data and send it off to servers owned by the hackers.
This was probably one of the largest credit card thefts in history, though it is not at all surprising. Two years ago we noted that cyber attacks would soon be targeting Americas e-commerce systems and just a few months ago it was noted that rogue terrorist groups were specifically working on sabotage operation to bring down the U.S. economy. While this latest attack on Target stores and their customers fell far short of crashing our economy or financial system, it proves, as did recent breaches of Pentagon military networks, that even the most highly secured systems in the world can be compromised.
Furthermore, what this attack highlights is that with the right type of event the economy and financial system of the United States can be shut down
(Excerpt) Read more at freedomoutpost.com ...
Some event will be blamed for the inevitable collapse that is on our doorstep. The blame will be misplaced but the collapse will be unconcerned.
Exactly why I am out of the banking system....
The equivalent of a nationwide EMP attack or massive solar flare hitting the earth all at the hand of one man:
Chaos will be randomly 'funny' that way . . .
This just the tip of the iceberg, wait until all the required information needed to obtain the forced obamacare insurance.
And then our mac daddy administration tell you, in a barely readable statement, that you should not expect any assurance of privacy with this mandatory information.
If he thinks he has troubles now...
It’s worse than Skynet.
Rouge terrorist groups don’t have to bother working to bring down the USA economy. WashingtonDC is already well on the way to achieving that.
That's BS. They didn't shut down access - they limited it to a certain amount on purchases and a different amount for ATM withdrawals. And they DID announce it. I saw it online and heard about it on local newscasts.
Hat tip to Tolerance for the heads-up.
So...what are you doing?
They announced it after the fact. If you werent watching the news you would never know until you tried to spend your money.
There were also accounts of people who had their entire account locked.
Seems to me some smart lawyer will eventually file a class action lawsuit against this whole credit system.
They’ve created a system which is unsecure and is easily abused to steal money and ruin peoples lives.
They’re just trying to move us to biometrics.
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