#OpIcarus – a War against the Global Financial Sector

During May 2016, we witnessed the second phase of the #OpIcarus cyber campaign against banks around the world, launched by the Anonymous collective in February 2016. The participants carried out DDoS attacks against bank websites in various countries on a daily basis. Several cyber-attacks succeeded in shutting down the websites of central banks in Greece, Cyprus and other countries.

Platforms

The initiators created two Facebook event pages and opened an IRC channel to coordinate their cyber-attacks. Approximately 2,000 participants joined the #OpIcarus event pages, but many more hacktivists expressed their support of this campaign via their social media accounts. With regard to the dedicated IRC channel, it appears not to have been as active as the campaign platforms in Facebook and Twitter.

From the #OpIcarus IRC Channel

Attacks and Tools

According to news reports, #OpIcarus participants shut down bank websites around the world on a daily basis. We cannot confirm that all of the mentioned banks websites were actually offline, due to the participant DDoS attacks, but we wish to point out several incidents that caught our attention.

A member of the Ghost Squad Hackers group dubbed s1ege took responsibly for shutting down the email server of the Bank of England. The bank did respond to this attack, but according to news reports, the bank’s mail server was offline on May 13, 2016.

Member of Ghost Squad Hackers claimed they shut down the mail server of the Bank of England
Member of Ghost Squad Hackers claimed they shut down the mail server of the Bank of England

In addition, according to a single news report shared on various Facebook accounts, Chase Bank ATMs stopped working on May 14, 2016, as a result of the Anonymous collective cyber activity. The Twitter account of Chase Bank’s technical support tweeted that their ATMs did not accept any deposits on this day, but they did not mention what had caused the problem. Meanwhile, the Ghost Squad Hackers group tweeted that the incident was part of the #OpIcarus campaign.

Chase Bank's technical support tweeted about a problem with their ATMs
Chase Bank’s technical support tweeted about a problem with their ATMs
Ghost Squad Hackers claim that Chase ATMs were hacked during #OpIcarus
Ghost Squad Hackers claimed that Chase ATMs were hacked during #OpIcarus

Additionally, s1ege claimed on May 18, 2016, that they had shut down a website related to the NYSE. The NYSE Twitter account tweeted that they had experienced a technical issue in one of their trading units. They did not mention what had caused the problem. Therefore, it is unclear if there is any connection to the Ghost Squad Hackers group, aside from the latter’s claim of responsibility.

A member of Ghost Squad Hackers claimed they hacked a website related to the NYSE
The NYSE announced that they had a technical issue that affected their daily activity
The NYSE announced that they had a technical issue that affected their daily activity

With regard to the attack tools, the participants used a variety of DDoS, some of which were simple online tools with no sophisticated DDoS abilities. However, there were indications that they used DDoS-as-a-Service (DaaS) platforms, such as Booters/Stressers that require payment and registration. In addition, the New World Hackers (NWH) team that took responsibility for shutting down the HSBC Bank website on January 29, 2016, supported the #OpIcarus campaign.

A call to use Booters on an #OpIcarus event page
A call to use Booters on an #OpIcarus event page

This campaign gained high popularity among hacktivists from all over the world who were motivated to DDoS bank websites protesting corruption and other issues. It is possible that the initiators will decide to engage an additional phase of this campaign, since one of them claimed in an interview that “Operation Icarus will continue as long as there are corrupt and greedy banks out there.”


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