Pro-Russian hackers allege "massive” cyberattack on Western financial system; led by Medibank hackers

Published 15/06/2023, 04:10 pm
© Reuters.  Pro-Russian hackers allege "massive” cyberattack on Western financial system; led by Medibank hackers

Pro-Russian hacking outfits Killnet, REevil and Anonymous Sudan have allegedly formed an alliance to launch a concerted cyberattack on the Western financial system, particularly targeting the SWIFT wire transfer system, according to CyberKnow.

Forged in the underground hacking forums, the groups stated their “no money – no weapons – no Kiev regime” formula to cut off the pipeline of Western aid to Ukraine.

Their primary target is the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system, which powers most international money and security transfers, failure of which could potentially cripple the Western financial system.

Other targets in their crosshairs include European and US banks and the US Federal Reserve System.

Spearheaded by REvil, one of the most notorious cybercrime syndicates in the world, and supported by Killnet, its close successor, their threats should not be taken lightly.

REvil was responsible for the Medibank data breach last year, where sensitive health records of nearly 10 million Australians were compromised in a cyberattack that shook the nation.

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