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U.S. Bancorp working with feds ahead of threatened cyber attack

U.S. Bancorp is the next major financial institution supposed to be targeted by a hacking group that has disrupted banks’ online operations over the last two works.

U.S. Bancorp is aware of the hacking group’s stated plans to attack its website Wednesday, following its attack on Wells Fargo’s online and mobile banking operations Tuesday, spokesman Tom Joyce said.

“We’re working very closely with law enforcement authorities on the issue,” said Joyce, who declined to elaborate. 

Recent cyber attacks have hit Bank of America Corp., Citigroup Inc. and JPMorgan Chase & Co. The so-called denial of service attacks involve bombarding the bank’s servers, causing them to slow down or seize up.

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Minneapolis-based U.S. Bancorp is the eighth-largest bank holding company by assets, according to Federal Reserve data. The hacking group says PNC Financial Services will be its target Thursday.

U.S. Bank customers who experience any problems can visit their local U.S. Bank branches or call the bank’s toll-free number, 1-800-US-BANKS.

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