The wave of distributed denial of service attacks that hit U.S. banks in October
was next-to-nothing compared to what could happen if cybercriminals actually carry through with their plans for next year.
According to a report (PDF
) released today by McAfee Labs, an impending attack on U.S. financial institutions -- dubbed Project Blitzkrieg -- isn't only a possibility, it's a "credible threat."
"McAfee Labs believes that Project Blitzkrieg is a credible threat to the financial industry and appears to be moving forward as planned," the report reads. "Although Project Blitzkrieg hasn't yet infected thousands of victims and we cannot directly confirm any cases of fraud, the attackers have managed to run an operation undetected for several months while infecting a few hundred."