Wednesday, October 21, 2020

European Central Bank closes one of its websites after malware attack

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Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

The European Central Bank (ECB) has shut down one of its websites after being hacked and infected with malware. The ECB said no market-sensitive data has been hacked, but the BIRD has been hacked, which it uses to provide bankers with information on how Producing statistical and supervisory reports, which was breached several months ago, but the breach was discovered late last week during routine maintenance.

Malware was injected on the server hosting the site, adding that the email addresses and names and addresses of subscribers to the newsletter BIRD may have been stolen.A spokesman for the European Central Bank added that the first evidence found on the attack dates back to December 2018, This means that it was not discovered for months before being disclosed during the maintenance work, while the bank confirmed that the closure process will continue until further notice.

“Hackers have targeted central banks from Malaysia to Ecuador in recent years”

The European Central Bank said: “We are contacting people whose data may be affected, and the hack has succeeded in injecting malicious software onto the external server to aid phishing activities,” noting that the bank launched BIRD in 2015, a joint initiative of the Eurosystem in the euro zone. Participation was voluntary but its content was made available to all parties involved. The ECB said that BIRD was hosted by a third-party provider and was separate from any other ECB system.

This is the second time in five years that a European Central Web site has been hacked by a hacker and is not the first to target a central bank. Hackers have targeted central banks from Malaysia to Ecuador in recent years. The world’s largest Internet theft in 2016 when crooks stole $ 81 million from Bangladesh’s central bank.

Read also: Hackers stormed “Yandex” Russian search engine using Regin malware

Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

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