Russia's five largest banks have been hit by a massive cyber attack, including the country’s largest lender Sberbank.
Though state-controlled Sberbank was hacked into on Tuesday, it somehow managed to neutralize the attack automatically without its operations being disturbed, various local media reported Thursday.
The distribution of denial attacks (DDoS) started Tuesday at 1300 GMT and targeted "the websites of at least five well-known financial institutions in the top 10" in Russia. DDoS attacks include flooding websites with more traffic than they can handle, making them difficult to access or taking them offline entirely, internet security giant Kaspersky said in a statement Thursday
"The attacks were still going on Thursday. Most of them lasted for about one hour but the longest one prolonged for 12 hours," Kaspersky said.
The attacks saw as many as 660,000 requests being sent per second using a network of more than 24,000 hijacked devices located in 30 countries. More than half the devices were in the United States, India, Taiwan and Israel, Kaspersky said.
Russia's central bank confirmed to a news agency that it had identified "attacks on a number of large banks." However, the intensity of attack was "medium" and did not disrupt access to banking services.
The attacks used botnets made up of the "Internet of things". Those are electronic devices such as CCTV cameras or digital video recorders plugged in to offices and homes worldwide.
“We registered a first attack early in the morning, the next attack in the evening involved several waves, each of them was twice as powerful as the previous one. Bank’s cybersecurity noticed and located the attack in time. There have been no problems in client online services,” Sberbank representative said.
The bank has suffered 68 such attacks this year and that the latest was among the biggest, a senior executive at Sberbank, Stanislav Kuznetsov said. The initial attack was rather massive and its power intensified over the course of the day.
Chinas cyber security law is set to take effect in June 2017 to counter hacking and terrorism threats. The legislation is an "objective need" of China as a major internet power, a parliament official said
Nigeria is planning to collaborate with Israel in tackling cyber crimes and providing Home Land Security in the country. The two countries, at a Sensitization Dinner on Thursday in Abuja, discussed the risks of cyber crime to all sectors of the country
CACI International Inc and Virginia Techs Ted and Karyn Hume Center for National Security and Technology have entered into a partnership to develop the next generation of technology leaders in cyber-physical system security. During the five-year partnership, CACI will be an anchor partner in the Hume Centers Cyber-Physical System Security (CPSS) program, with a focus on cyber security for unmanned aerial vehicles (UAV)
Raytheon has won a $1 billion contract from the US department of Homeland Security to Provide Mission Critical Cybersecurity Solutions. The US Department of Homeland Security (DHS) has selected Raytheon to be the prime contractor and systems integrator for the agency's Network Security Deployment (NSD) Division
Equifax, a credit ration agency announced that hackers made away with personal information of an estimated 143 million US consumers. Hackers stole data including social security numbers, dates of birth, addresses and driving license numbers
The cyber attack that affected nearly a million customers of German internet provider Deutsche Telekom this weekend was likely caused by a modified version of the Mirai worm which exploits vulnerabilities in Internet of Thing devices. The malware that disrupted TV and phone networks apart from TVs, actually crashes Internet of Thing devices or uses them as part of a botnet in distributed denial of service (DDoS) attacks,
An Australian cyber security delegation, who currently is on a four-day visit to India, is eyeing to partner with the Asian country's Information Technology firms to offer next generation cybersecurity capabilities for global clients. The cyber security delegation from Australia is on visit to India beginning from Monday
Russia is considering the possibilities of renewing a helicopter project and other forms of cooperation with US and NATO on Afghanistan. The changed approach of Russia towards US comes after Donald Trumph elected as US President for 2016 election
Russia To Soon Test MC-21 Jet Powered By PD-14 Engine
Denmark to Integrate Kongsberg's Protector RWS On Piranha Military Vehicles
California to get three S-70i FIREHAWKS
Russian "Spy" Ship Receives Panama Canal Permit Following Brief Blockade
Germany To Finalise Order for 38 Eurofighter Jets, 110 E-Scan Radars
Turkish Navy to get First Indigenous Aircraft Carrier in 2020
Bechtel Bags US Navy's $1.4Bn Naval Nuclear Propulsion Components Contract
Indian Air Force to Buy 83 Tejas Jets by March 2020
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...