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Central banks of South Korea and Indonesia bulk up security following DDoS attacks by hacktivists

The central banks of Indonesia and South Korea are reportedly bulking up security on their public-facing websites after being hit with cyberattacks and distributed-denial-of-service (DDoS) disturbances linked to notorious hacking collective Anonymous. In response to the attempted cyberattacks, Ronald Waas, deputy governor of Bank Indonesia (BI), told Reuters his institution was forced to block 149 regions that don’t usually access its website, including “several small African countries”. The central banks of Indonesia and South Korea are reportedly bulking up security on their public-facing websites after being hit with cyberattacks and distributed-denial-of-service (DDoS) disturbances linked to notorious hacking collective Anonymous. In response to the attempted cyberattacks, Ronald Waas, deputy governor of Bank Indonesia (BI), told Reuters his institution was forced to block 149 regions that don’t usually access its website, including “several small African countries”. As previously reported, a video statement posted to YouTube on 4 May by the group said: “We will not let the banks win, we will be attacking the banks with one of the most massive attacks ever seen in the history of Anonymous.” Later, the central bank of Greece admitted its website was taken offline for a short period of time. This was followed by other banks in countries including France, England, Scotland and Sweden. In June, the hackers announced that ‘phase three’ of the operation has started – dubbed Project Mayhem – and that the focus of the campaign would change to include major stock exchanges. In any case, the global banking system has been left shaken by a number of successful hacks, breaches and cyber-heists throughout 2016. In one attack, the Bangladesh central bank was targeted by a highly coordinated team of hackers that were able to steal a massive £81m via fraudulent money transfers. Source: http://www.ibtimes.co.uk/central-banks-south-korea-indonesia-bulk-security-following-ddos-attacks-by-hacktivists-1566836

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Central banks of South Korea and Indonesia bulk up security following DDoS attacks by hacktivists