The official Bank of America website has been down all morning and there are rumors circulating saying that it may be a DNS (Domain Name System) issue or a cyber attack. Basically, “the DNS system is supposed to convert number codes into readable web pages.”
The impact is that millions of people around the World can’t get in to see their accounts. However, it does not appear to be impacting account transactions offline. For example, credit and debt cards my friends have are working as of this writing.