The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the financial fallout of any conflict.
and which has oversight of Europe's biggest lenders, is on alert for the threat of cyber attacks on banks launched from Russia, the people said.
The New York Department of Financial Services issued an alert to financial institutions in late January, warning of retaliatory cyber attacks should Russia invade Ukraine and trigger U.S. sanctions, according to Thomson Reuters' Regulatory Intelligence.The United States, the European Union and Britain have repeatedly warned Putin against attacking Ukraine after Russia deployed around 100,000 troops near the border with its former Soviet neighbour.
Ukraine's state security service SBU said it saw signs the attack was linked to hacker groups associated with Russian intelligence services. The Kremlin has also repeatedly denied the Russian state has anything to do with hacking around the world and said it is ready to cooperate with the United States and others to crack down on cyber crime.Britain's National Cyber Security Centre warned large organisations to bolster their cyber security resilience amid the deepening tensions over Ukraine.