Security News > 2023 > September > German financial agency site disrupted by DDoS attack since Friday

German financial agency site disrupted by DDoS attack since Friday
2023-09-04 17:11

The German Federal Financial Supervisory Authority announced today that an ongoing distributed denial-of-service attack has been impacting its website since Friday.

BaFin is Germany's financial regulatory authority, part of the Federal Ministry of Finance, responsible for supervising 2,700 banks, 800 financial, and 700 insurance service providers.

Part of the response measures is to take BaFin's public website at "Bafin.de" offline; however, the organization assures that all other systems, which are crucial for its mission, work without restrictions.

BaFin's public website hosts consumer and regulation information, measures, warnings, and also serves as a space to publish important documents relating to the agency's investigation activities and findings.

BaFin says its IT team works intensively to fully restore public access to the website but it cannot estimate when its pages.

It is unclear who is behind the DDoS on the German financial authority but it is possible that pro-Russian hacktivists are responsible for the country's supportive stance towards Ukraine, which includes financial and military equipment aids.


News URL

https://www.bleepingcomputer.com/news/security/german-financial-agency-site-disrupted-by-ddos-attack-since-friday/