Security News > 2023 > June > Ukrainian hackers take down service provider for Russian banks
Squad claimed an attack that took down Russian telecom provider Infotel JSC on Thursday evening.
Among other things, Moscow-based Infotel provides connectivity services between the Russian Central Bank and other Russian banks, online stores, and credit institutions.
Following yesterday's attack, multiple major banks across Russia had their access cut off from the country's banking systems so that they can no longer make online payments, as Ukrainian news site Economichna Pravda first reported.
"We would like to inform you that as a result of a massive hacker attack on the network of Infotel JSC, some of the network equipment was damaged," the Russian company said.
While Infotel or their attackers are yet to share a timeline of the attacks, Georgia Tech's Internet Outage Detection and Analysis project shows that the Central Bank of Russia's Internet provider went down on June 8, around 11:00 AM UTC. IODA also confirms that the Russian company is working on restoring its systems, and it was still offline 34 hours after it was knocked down.
Squad Ukrainian hacking group, which has targeted other Russian companies since it surfaced after Russia invaded Ukraine.
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