Anonymous' Bank of America takedown: Why did it flop?

The "hactivist" web collective releases emails purporting to show "fraud" at the financial institution. Here, four theories why the scandal strategy went awry

The Anonymous hackers collective leaked a series of emails purportedly showing "fraud" at Bank of America — emails that few commentators could even understand.
(Image credit: Getty)

The "hactivist" web collective Anonymous took aim at Bank of America this week, releasing emails leaked from a former employee that purported to show widespread "corruption and fraud" at the banking giant and its subsidiary, Balboa Insurance. But unlike Anonymous' other high-profile strikes — crashing the website of the funeral-picketing Westboro Baptist Church, for instance — the Bank of America punch didn't seem to land. Why not? Here, four theories:

Mortgage fraud is scandalous... but also old news

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