The Bank of America which is the largest bank of the nation has been experiencing outage these past few days to date. Reports stated that its website has been hacked causing their records on file to be in threats as well as its business transactions especially banking online. Bank officials are trying to do their best to resolve the issue and that everything will goes back to normal.
Bank representative said, "Our online-banking service is available," spokeswoman Anne Pace said in a telephone interview on Friday afternoon. "We ruled out a cyberattack, but are working with partners to determine the root cause."
It was also reported that this is not the first time Bank of America website has gone down. It also happened in September 2008, April 2007 and February 2001.
Since hacking would never ceased while information technology exist, is online banking really safe for local and international clients?
Bank representative said, "Our online-banking service is available," spokeswoman Anne Pace said in a telephone interview on Friday afternoon. "We ruled out a cyberattack, but are working with partners to determine the root cause."
It was also reported that this is not the first time Bank of America website has gone down. It also happened in September 2008, April 2007 and February 2001.
Since hacking would never ceased while information technology exist, is online banking really safe for local and international clients?
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