Tuesday, November 12, 2024
Homecyber securityUkraine Hackers Hit Major Russian banks with DDoS attacks

Ukraine Hackers Hit Major Russian banks with DDoS attacks

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Several prominent Russian bank clients experienced issues with their mobile apps and websites. According to Downdetector, complaints began to surge around 09:30 Moscow time.

The affected banks included Gazprombank, Alfa-Bank, VTB, and Rosbank. By midday, Post Bank clients also reported problems. Users could not make payments or access their accounts, leading to widespread frustration.

Banks Acknowledge DDoS Attacks

VTB’s press service confirmed that some clients faced local restrictions due to a “high load on the infrastructure of Internet providers.” They emphasized that the banking sector was subjected to a DDoS attack orchestrated from abroad.

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According to the Forbes reports, Alfa Bank’s press service reassured clients that the issues were temporary due to technical work, asserting that “everything will be up and running soon.” Gazprombank also acknowledged short-term difficulties with certain transactions.

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Politically Motivated Cyber Attacks

The incidents on July 24 followed similar disruptions on July 23, affecting Raiffeisenbank, Rosbank, GPB, and Rosselkhozbank. Daniil Shcherbakov, Deputy CEO of Servicepipe, noted the similarity between the attacks on both days.

He explained that hackers scanned the infrastructure of the victims, identified vulnerable spots, and targeted them.

Shcherbakov highlighted that one credit institution attacked over 400 IP addresses simultaneously. He speculated that the attackers might target all major players in the financial market.

As banks reported a return to regular operation later in the day, the incidents underscore the increasing threat of politically motivated cyber attacks on critical financial infrastructure.

The situation remains fluid, and further developments are anticipated as authorities and financial institutions bolster their defenses against such threats.

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Divya
Divya
Divya is a Senior Journalist at GBhackers covering Cyber Attacks, Threats, Breaches, Vulnerabilities and other happenings in the cyber world.

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