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Governor of the Bank of Israel Stanley Fischer Photo: Gil Yohanan
Governor of the Bank of Israel Stanley Fischer Photo: Gil Yohanan

Banking system mulls blocking overseas online access

Israel's banks reportedly considering temporarily blocking overseas access to their websites over cyber attacks. Banking system official: Situation calls for drastic measures

Elitsafan Rosenberg
Published: 01.16.12, 16:58 / Israel News

The banking system is considering blocking online access for overseas users over the recent series of cyber attacks on financial websites, Ynet learned on Monday.


First International Bank of Israel (Fibi) and Israel's Discount Bank have already applied the limitation as a precautionary measure, and according to banking system officials, other banks and financial institution may soon follow.


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The move, however, will also affect many Israelis who try to access their accounts while staying overseas.


אתר הבורסה הבוקר בזמן המתקפה

The TASE website during the cyber attack


A senior banking system source said that the current priority is to protect the system from the present cyber threat, even by applying drastic measures that might hurt some of the banks' clients.


Earlier Monday, the Tel Aviv Stock Exchange and El Al websites were down, apparently as a result of yet another cyber attack by a group of pro-Palestinian hackers who call themselves "Nightmare."


They were soon followed by the Fibi website and those of two of its subsidiary banks.


All websites were back online within two hours.



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