The European Investment Bank (EIB) was this week hit by a cyber attack which it said impacted the availability of some of its websites.
The incident, which impacted eib.org and eif.org, took place several days after Russian-speaking hackers from the group Killnet said they would carry out cyber attacks against Western financial organisations over their support of Ukraine during the ongoing war, according to a report by The Telegraph.
The Russian invasion has seen cyber warfare deployed across several countries in a bid to disrupt activity and infrastructure.
In a post published on instant messaging service Telegram, the pro-Russia hacker gang – which is known for its distributed denial of service (DDoS) attacks – said that they would “rebuff the madmen according to the formula ‘no money – no weapons – no Kyiv regime’.”
However, the EIB said that while the bank has seen groups claiming responsibility for the incident it would “not speculate at this stage”.
"Our IT security teams are responding to the incident with appropriate measures," said an EIB spokesperson, adding that it would not be disclosing any further details for now.
Latest News
-
Swift and Google to use advanced AI and federated learning to tackle fraud
-
Deutsche Bank partners with Crypto.com
-
Ryanair rolls out Open Banking payment option
-
Vipps MobilePay launches alternative to Apple Pay on iPhone in world-first
-
BNY poaches deputy chief risk officer from Goldman Sachs
-
Lloyds and PayPoint launch partnership expansion serving 60,000 SMEs
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.
Legacy isn’t the enemy: what FSIs can do to keep their systems up and running
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.
Optimising digital banking: Unifying communications for seamless CX
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories