5 Russian Banks Cyber Attacked in Bitcoin Extortion Plot

5 Russian Banks Cyber Attacked in Bitcoin Extortion Plot

Five banks in Russia have undergone a DDoS-attack according to Artyom Sychev, Deputy Director of the General Directorate of Security and Information Protection of Russia’s Central Bank. However, the regulator had warned banks in advance about the cyber attack planned for September26. "Last Saturday monitoring channels received information that, obviously, several major financial institutions will be attacked,” said Sychev. “We contacted with banks and gave them the possible details of how the attack will take place.” Banks were able to escape harm as the attack did not affect banking....


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