On January 11th, Lloyds Bank of England sustained a massive overseas cyberattack that targeted the bank’s website. This was a DDoS type of attack that went on until the following Friday.
In a statement released by Lloyds Banking Group, we were told that “only a small number of customers experienced problems”. According to Lloyds, the website was functioning normally for the vast majority of the duration of the attack.
Others banks that use the Lloyds’ technology platform were also affected by the attack. This includes TSB and Halifax. Some of their customers were not able to access their websites or online services.Despite the scale of the attack, the hackers were not successful in crashing the website. However, they did manage to prevent some users from accessing their accounts.
Despite the scale of the attack, the hackers were not successful in crashing the website. However, they did manage to prevent some users from accessing their accounts.
Supposedly, the cyber attack originated from overseas, but the exact whereabouts are still unknown. In order to combat the attack, Lloyds Bank’s system engineers decided to block the incoming internet traffic from overseas, which temporarily disrupted the attackers.
The bank is working with internal and external investigation teams to get to the bottom of this. One of their external partners is the new National Cyber Security Centre (NCSC), a data security authority in the UK.
Lloyds Bank has been targeted by DDoS attacks in the past. The perpetrators were customers who held a grudge and set out to blackmail the bank. However, the bank has not received any ransom demands this time around, so it looks like this case is a bit different.