CFODailyNews.com » How one banking giant is responding to WikiLeaks threat

How one banking giant is responding to WikiLeaks threat

December 29, 2010 by Jared Bilski
Posted in: In this week's e-newsletter, Latest news & views, Technology

After WikiLeaks founder Julian Assange revealed his plan to release damaging info on a major US bank, one lending institution sprung into action in an effort to protect itself.

That institution is Bank of America, the lending giant many believe Assange is planning to expose by leaking internal documents and e-mail.

So what is Bank of America doing? First, the bank has been snatching up hundreds of abusive domain names — which include the names of its senior execs and board members.

For example, Bank of America registered a slew of descriptive and insulting domain names for its CEO Brian Moynihan, including:

  • BrianMoynihanBlows.com
  • BrianMoynihanSucks.com, and
  • BriandTMoynihanBlows.

In addition, the lender supposedly created its own “war room” to come up with a rebuttal strategy to what Assange will likely reveal.

Bank of America also cut off WikiLeaks payments processing — a move that prompted the website to warn Bank of America account holders to “place your funds somewhere safer.”

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