A Report On Suntrust Bank

943 Words4 Pages
SunTrust Bank is one of the nation’s largest financial institutions established in 1891and has it’s headquarter stationed in Atlanta Georgia. The bank offers a wide range of financial services from personal checking, mortgages, credit cards, investments and loans to consumers, businesses, commercial and corporate firms and has several branches and ATM across parts of the country but mainly in Southern States like Georgia, Maryland, Washington D.C and Virginia. During the fiscal year in 2012, SunTrust netted revenue of $10,475 million increase of 23.4% over the fiscal year in 2011 (SunTrust Bank Inc, 2013). In 2012, SunTrust bank became the seventh financial institution in the U.S history to be affected by a “distributed denial of service attack (DDos) orchestrated by the hacktivist group Izz ad-Din al-Qassam” (Kitten, 2012). SunTrust plc. is committed to helping their customers to up their online transactions secure and safe. Despite the various security measures, features and procedures implemented by SunTrust to secure their network and server from cyber-attacks as well as to help protect consumers from scammers and unauthorized access to their accounts, yet, they become a victim of the hacktivist group "Izz ad-Din al-Qassam” who insist on waging war on U.S Banks due to an outrage over a movie trailer posted in YouTube which the group believes casts Islam in a negative light (Kitten, 2012). The question now is how can SunTrust and the rest of the U.S financial
Open Document