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Israeli Hackers Take Down Saudi Stock Exchange

Group retaliates to attacks on Tel Aviv Stock Exchange, El Al and First International Bank
By: David Shear
Published: January 17th, 2012 in Business » World

A group of Israeli hackers calling themselves the “IDF Team” have crashed the Saudi Stock Exchange (Tadawul) website in retaliation for Monday’s attacks on the Tel Aviv Stock Exchange and El Al websites.

"Since hackers from Saudi Arabia decided to hack into Israeli websites, like the El Al site and banks' websites, we decided to hack the Saudi stock exchange," the group wrote in a post on the PasteBin website.

"Every time an Israeli website will be hacked, the same will happen to Saudi websites." the Israeli group warned.

Hackers are well known for their competitive nature, trying to outdo each other by hacking more secure and powerful websites. This cyber war, which really ramped up in the last few weeks with attacks on public companies and government institutions, is likely to continue.

“If the Saudi hackers' attacks continue, we will move on to the next phase – downing websites for a longer period of time – weeks and even months,” warned the group.

Related articles: Tel Aviv Stock Exchange, El Al, Hackers, IDF Team
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