Germany issues fresh warning to banks of cyber attacks due to Ukraine war

31/5/2022 6:29:00 PM

Germany issues fresh warning to banks of cyber attacks due to Ukraine war

Germany issues fresh warning to banks of cyber attacks due to Ukraine war

FRANKFURT :The German financial regulator BaFin issued a fresh cyber security warning on Tuesday to the nation's financial sector due to the war in Ukraine following a recent increase in cyber attacks.BaFin has repeatedly warned about cyber attacks but Tuesday's security notice marks an escalation of its conc

BaFin has repeatedly warned about cyber attacks but Tuesday's security notice marks an escalation of its concerns."In recent days there have been repeated attacks on IT infrastructure," BaFin said.BaFin said the recent events had especially taken the form of 'distributed denial-of-service (DDoS)' attacks, in which hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it.

Russia's invasion of Ukraine, launched on Feb. 24, has caused a serious deterioration in its relations with the West. Moscow denies Western accusations of involvement in cyber attacks.

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German regulator issues fresh warning to banks of cyber attacksFRANKFURT : The German financial regulator BaFin on Tuesday issued a fresh warning to the nation's financial sector of the increased danger of cyber attacks.'In recent days, there have been repeated attacks on IT infrastructure,' BaFin said.

German regulator issues fresh warning to banks of cyber attacksFRANKFURT : The German financial regulator BaFin on Tuesday issued a fresh warning to the nation's financial sector of the increased danger of cyber attacks.'In recent days, there have been repeated attacks on IT infrastructure,' BaFin said.

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FRANKFURT :The German financial regulator BaFin issued a fresh cyber security warning on Tuesday to the nation's financial sector due to the war in Ukraine following a recent increase in cyber attacks.Privacy Policy This browser is no longer supported We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Privacy Policy This browser is no longer supported We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Copy to clipboard https://str.

BaFin has repeatedly warned about cyber attacks but Tuesday's security notice marks an escalation of its concerns. "In recent days there have been repeated attacks on IT infrastructure," BaFin said. Upgraded but still having issues?. BaFin said the recent events had especially taken the form of 'distributed denial-of-service (DDoS)' attacks, in which hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it. Russia's invasion of Ukraine, launched on Feb. 24, has caused a serious deterioration in its relations with the West. ICC prosecutor Karim Khan office has deployed a team of 42 investigators, forensic experts and support personnel to Ukraine and Khan on Tuesday said the ICC was"working toward opening an office in Kyiv" to support the investigations.

Moscow denies Western accusations of involvement in cyber attacks. Source: Reuters .