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The European Central Bank (ECB) has warned financial and credit institutions of the threat of possible cyber attacks from Russia amid rising tensions between Moscow and Kiev, Reuters reports, citing two people familiar with the matter.
According to the interlocutors of the agency, so far the regulator has focused on the fight against conventional fraud, the cases of which have become more frequent amid the coronavirus pandemic. However, after the aggravation of the situation in Ukraine, the ECB began to express concern about cyber attacks that the Russian side could allegedly organize, and asked banks about their readiness.
Another source of the agency said that cyber exercises were held in banks to determine whether organizations are able to repel hacker attacks.
In January, the New York City Department of Financial Services sent a similar warning to American banks about the possibility of cyberattacks. The regulator believes that hacker attacks may follow possible US sanctions that Washington intends to impose in the event of a “Russian invasion” of Ukraine.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
