Russia warns of planned cyber attacks on its banks

The FSB said that the attacks would be accompanied by a stream of text messages and posts on social networks containing claims of an imminent collapse of Russia's major banks.

By: AP | Moscow | Published:December 2, 2016 2:53 pm
Russia, Russia Cyber attack, Cyber attack In Russia, International news, World news, several dozen Russian cities, Russia Security news, cyber security news, Latest news President Barack Obama’s administration has accused Russia of conducting a series of hacks to interfere with the US election, accusations Moscow has denied.

Russia’s main domestic security agency says unspecified foreign special services are plotting a series of cyber attacks aimed at destabilizing the nation’s financial system. The Federal Security Service, known under its Russian acronym FSB, said the computer servers involved in the planned attacks are located in the Netherlands and belong to Ukrainian company BlazingFast.

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The FSB said on Friday that the attacks would be accompanied by a stream of text messages and posts on social networks containing claims of an imminent collapse of Russia’s major banks and the financial system’s breakdown. It said the action would target several dozen Russian cities.

President Barack Obama’s administration has accused Russia of conducting a series of hacks to interfere with the US election, accusations Moscow has denied.