Support The Moscow Times!

Hacking Attack Reported on Russian Banks, Anti-Monopoly Service

Roman Pimenov / Interpress / TASS

Russia's anti-monopoly regulator has said that unknown hackers broke into its systems this week as cybersecurity experts flagged simultaneous attacks against dozens of banks.

The Russian economy has suffered losses of $9.1 billion to cyberattacks in 2017, Prime Minister Dmitry Medvedev estimated recently.

The Federal Anti-Monopoly Service (FAS) said its employees received a virus attached to a phishing email sent from an address that called itself “Federal Antimonopoly Service” on Wednesday.

“The virus spread to both the central office and the territorial bodies,” it said in an online statement published Thursday.

FAS said it believes the intruders tried to access its internal emails.

“This was a full-fledged hacking attack,” FAS spokeswoman Irina Kashunina was quoted as saying by the RBC news website.

It is unclear who may have committed the cyber intrusion or what the extent of the damage was, she said.

Meanwhile, at least 52 Russian and five foreign banks received malicious emails from two “of the most dangerous” hacking groups, the Moscow-based cybersecurity firm Group-IB said Thursday.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more