Cyber attacks in finance sector overstated

Last week's news brought a dire warning from the Feds that terrorists were readying to hit financial sites and data banks. But some industry groups are downplaying the risk, saying that cyber attacks are less of a risk than actual physical attacks. The Financial Services Information Sharing and Analysis Center says it has lowered the risk level for cyber security attacks, as it hasn't yet detected any such malicious activity. One security expert even claims that the reported denial-of-service attack cited by the Feds wouldn't do much damage even if it did occur.

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