In a recent cyber assault, a Ukrainian hacking group targeted Infotel JSC, a Russian telecommunications company integral to the country’s banking system. The group publically declared their responsibility for the attack, which might have caused disruptions in Russian banking services.
A Cyber Offensive in the wake of Ground Action
The cyber-attack comes in the backdrop of a massive Ukrainian ground counteroffensive. The group identified as the Cyber Anarchy Squad, who has been active since the invasion of Ukraine, took credit for the strike. They released network diagrams and an email screenshot from an Infotel official on their Telegram channel, signifying the success of their operation.
Infotel confirmed the cyber-attack, stating that their “network equipment was damaged,” and efforts are ongoing to restore access. However, the full impact of the attack remains uncertain.
Potential disruption to Russian Banking System
The cyber assault on Infotel might have resulted in substantial service disruptions within the Russian banking system. Reports suggest that major banks and credit organizations across Russia faced difficulties accessing banking systems and executing payments.
As an authorized access provider facilitating automated communication between the Russian Central Bank and credit institutions, Infotel’s compromised status could significantly affect banking operations.
Supporting the Counteroffensive through Cyber Attacks
In tandem with the counter-offensive by Ukrainian armed forces, supported by heavy weaponry supplied by Western allies, cyber-attacks on Russian websites have escalated. Several Russian websites have been hacked and defaced over the past week, displaying messages supporting the Ukrainian military and their counteraction.
The Ukrainian Cyber Alliance, a collective of various hackers and hacking groups, suggested that Infotel’s entire network, including servers and core routers, was wiped out, leading to significant service disruption. The network remains down, causing potential issues in Russian banking services.
What do you think about this cyber-attack amidst the Ukrainian counter-offensive? Do you believe it will significantly impact the Russian banking system? We look forward to hearing your opinions in the comments section below!
