Companies Licking Their Wounds from WikiLeaks Cyber Attacks

by Lawrence Woods on December 9, 2010

in BUSINESS & FINANCIAL

Companies Licking Their Wounds from WikiLeaks Cyber Attacks

Companies Licking Their Wounds from WikiLeaks Cyber Attacks - Image: jamesks (Flickr.com CC-BY-SA)

So far today the companies that denied WikiLeaks access to financial accounts have been free from the grasp of hackers. However, the same businesses are still trying to make up for the losses that they felt from the attacks. MasterCard and Visa have both reported that they lost millions in the attacks when their payment systems were crippled by hacker attacks from all over the world.

Many have said that it would be best if the companies just left well enough alone. But that is not the way that these industries are thinking. They have already announced that they will seek legal action against WikiLeaks for the money that they have lost. While this is the claim that has been hitting the rumor mill recently, the legal experts have said that the companies have very little chance of success.

However, success is not the main focus. Lawyers for both sides know that any kind of legal battle played out in the courts will be costly. Cost is the problem for WikiLeaks. They have been cut off from nearly every form of online donation system and they have no access to the funds that they had in their now frozen accounts.

So the companies that were attacked would be getting back at WikiLeaks by forcing them to spend their limited resources to defend the company and then virtually bankrupt themselves in the process. This, according to some experts, could be the last measure of revenge.

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