Ukrainian Banks At Risk


Ukrainian central bank issued a warning to private and state-owned lenders about the threat of new malware. This new malware is among the same strand of recent vicious cyber-attacks, namely NotPetya. The NotPetya attack took down a number of Ukraine’s government agencies and energy companies in June of 2017.

Cybersecurity officials are taking the recent threat to banks seriously, especially with it following on the heels of other widespread attacks like WannaCry and NotPetya in May and June respectively. Kiev’s central bank has been coordinating with a Computer Emergency Response Team, as well as the police to help protect Ukrainian banks from known vulnerabilities.

The new malware being examined is spread by open attachments of infected word documents. Authorities believe this attack is preparation for a larger attack on Aug 24th in an attempt to destabilize the country on its Independence Day.

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