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Push of a Button: This Is How Fast the Entire Banking System Can Be Locked Down
Freedom Outpost ^ | December 25, 2013 | Mac Slavo

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 America’s 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… almost instantly.

(Excerpt) Read more at freedomoutpost.com ...


TOPICS: Business/Economy; Conspiracy; Government
KEYWORDS: banking; china; collapse; cyberattack; hackers; iran; russia; shutdown
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1 posted on 12/25/2013 5:08:43 PM PST by Tolerance Sucks Rocks
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To: null and void; Kartographer; Marcella; blam; JRandomFreeper; Lazamataz

Merry Christmas.


2 posted on 12/25/2013 5:09:32 PM PST by Tolerance Sucks Rocks (...)
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To: Tolerance Sucks Rocks

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.


3 posted on 12/25/2013 5:14:24 PM PST by gorush (History repeats itself because human nature is static)
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To: Tolerance Sucks Rocks

Exactly why I am out of the banking system....


4 posted on 12/25/2013 5:18:45 PM PST by eartick (Been to the line in the sand and liked it)
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To: Tolerance Sucks Rocks
This would mean for four months: no gas, groceries, walmart, pharmacy, travel, hospital, communication, TV, utilities, ...

The equivalent of a nationwide EMP attack or massive solar flare hitting the earth all at the hand of one man:


5 posted on 12/25/2013 5:22:50 PM PST by Errant
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To: Tolerance Sucks Rocks
.. but the button pushers err in thinking they won't be numbered among the corpses littering the streets.

Chaos will be randomly 'funny' that way . . .

6 posted on 12/25/2013 5:24:14 PM PST by tomkat
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To: Tolerance Sucks Rocks

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.


7 posted on 12/25/2013 5:24:30 PM PST by chiefqc
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To: Errant



8 posted on 12/25/2013 5:25:07 PM PST by MeshugeMikey ( Visit http://icantenroll.com/ In Glitch We Trust....;o})
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To: Errant
The equivalent of a nationwide EMP attack or massive solar flare hitting the earth all at the hand of one man:

If he thinks he has troubles now...

9 posted on 12/25/2013 5:26:54 PM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: MeshugeMikey

It’s worse than Skynet.


10 posted on 12/25/2013 5:28:01 PM PST by Errant
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To: Tolerance Sucks Rocks

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.


11 posted on 12/25/2013 5:32:24 PM PST by faithhopecharity
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To: Errant
welcome


12 posted on 12/25/2013 5:33:09 PM PST by MeshugeMikey ( Visit http://icantenroll.com/ In Glitch We Trust....;o})
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To: Tolerance Sucks Rocks
Chase bank made no announcement to their customers of the coming restrictions just days before Christmas. They simply obtained a list of the potentially compromised cards, uploaded them into their system, and with the flick of a finger shut down electronic access to customers’ funds.

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.

13 posted on 12/25/2013 5:33:17 PM PST by Veggie Todd (I don't always talk to Obama voters, but when I do I ask for Large Fries.)
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To: Tolerance Sucks Rocks; appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; ...

Preppers’ PING!!

Hat tip to Tolerance for the heads-up.


14 posted on 12/25/2013 5:43:56 PM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: eartick

So...what are you doing?


15 posted on 12/25/2013 5:45:37 PM PST by Osage Orange (I have strong feelings about gun control. If there's a gun around, I want to be controlling it.)
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To: Veggie Todd

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.


16 posted on 12/25/2013 5:45:40 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: gorush
Some event Republican's, GOP, evil capitilism will be blamed for the inevitable collapse that is on our doorstep. The blame will be misplaced but the collapse will be unconcerned.

{;^)

17 posted on 12/25/2013 5:49:41 PM PST by Las Vegas Ron ("Medicine is the keystone in the arch of socialism" Vladimir Lenin)
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To: Kartographer

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.


18 posted on 12/25/2013 5:51:57 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Las Vegas Ron

:{)


19 posted on 12/25/2013 5:54:03 PM PST by gorush (History repeats itself because human nature is static)
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To: driftdiver

They’re just trying to move us to biometrics.


20 posted on 12/25/2013 5:55:11 PM PST by txhurl
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