European Investment Bank hit by cyber attack
The European Investment Bank (EIB) has been hit by a cyber attack suspected to have been orchestrated by Russian hackers, days after threats to bring down the Western financial system, according to The Telegraph.
An EIB spokesman confirmed it was “currently facing a cyber attack” affecting the availability of some of its websites. He said the bank was addressing the attack and added: “While we have seen groups claiming responsibility for the incident, we will not speculate at this stage.”
EIB confirm on twitter the cyber attack on June 19: „We are currently facing a cyber attack which affects the availability of http://eib.org and http://eif.org. We are responding to the incident.”
The attack comes days after Russian-speaking hackers threatened to launch cyber attacks against Western financial institutions over support for Ukraine.
A group claiming to be from the Killnet gang last week said in a post on Telegram they would “rebuff the madmen according to the formula ‘no money – no weapons – no Kyiv regime’.”
The latest message from Killnet’s Telegram page read: “Hello Europe! How are things with the IBAN banking system? I feel like something is wrong with her. Perhaps the transfer system is affected by bad weather. And also the weather forecasters say that not only IBAN will be dead, but also SEPA, WISE, SWIFT.”
According to Matt Hull, global head of threat intelligence at NCC Group, the activities of politically motivated hackers pose a significant risk to governments, critical infrastructures and companies. Consequently, organisations should adopt proactive security measures and nurture a culture of resilience.
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The Killnet gang is best known for knocking websites offline through so-called “distributed denial of service” (DDoS) attacks. DDoS attacks flood a website with so much traffic that it collapses.
The EIB is the European Union’s development bank and is owned by member states. It has over €500bn on its balance sheet.
The Killnet gang is thought to be a group of Russian hackers with potential links to that country’s authorities, according to cyber security experts.
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
