Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Incidents

Monobank Faces Cyber Warfare

January 23, 2024
Reading Time: 2 mins read
in Incidents

Monobank, Ukraine’s largest mobile-only bank, faced a significant disruption as it fell victim to a barrage of denial of service (DDoS) attacks on January 21, with a staggering 580 million service requests overwhelming its operations. CEO Oleh Horokhovskyi confirmed the cyberattack on Telegram, expressing concern over the severity of the assault, making Monobank one of the most targeted IT entities in Ukraine. The incident followed a DDoS attack on January 20, revealing an escalating trend of cyber warfare in Europe.

Horokhovskyi assured the public that the situation was under control despite the onslaught but disclosed that another wave of attacks had commenced during the announcement of the cyberattack. While the CEO did not attribute the attacks to a specific entity, past threats had been linked to Russian hackers. This incident mirrors a previous cyberattack in December 2023, where Monobank was targeted on the same day as a massive assault on Ukrainian phone operator Kyivstar, claimed by the Russian hacker group Solntsepek.

The ongoing conflict between Russia and Ukraine has seen a shift in tactics, with cyber warfare playing a prominent role. Recent cyberattacks, including ransomware incidents, have targeted key Ukrainian organizations, raising concerns about Russia’s intentions to use cyberwarfare as a destabilizing tool. Experts predict that Russia may be preparing for another wave of cyberattacks, focusing on disrupting vital sectors like energy and water. The international community closely monitors the evolving situation and its potential consequences as Europe navigates a critical juncture in cyber warfare.

Reference:
  • Monobank Faces Severe DDoS Assault
Tags: Cyber Incidents 2024cyber-incidentCyberattacksDDoS attackJanuary 2024Mobile devicesMonobankUkraine
ADVERTISEMENT

Related Posts

Avantic Lab Affected By Ransomware

Avantic Lab Affected By Ransomware

July 11, 2025
Avantic Lab Affected By Ransomware

Microsoft’s Outlook Long Outage

July 11, 2025
Avantic Lab Affected By Ransomware

$40M+ Stolen from GMX Crypto Platform

July 11, 2025
Nippon Steel Solutions Data Breach

Bitcoin Depot Breach Exposes Data

July 10, 2025
Nippon Steel Solutions Data Breach

McDonald’s AI Hiring Bot Exposes Data

July 10, 2025
Nippon Steel Solutions Data Breach

Nippon Steel Solutions Data Breach

July 10, 2025

Latest Alerts

Fake Sites Push Investment Scams

Fake Firms Push Malware on Crypto Users

Severe WordPress Flaw 200K Sites at Risk

RondoDox Botnet Exploits Router Flaws

ServiceNow Data Exposure via ACLs

Hackers Revive SEO Poisoning

Subscribe to our newsletter

    Latest Incidents

    Microsoft’s Outlook Long Outage

    Avantic Lab Affected By Ransomware

    $40M+ Stolen from GMX Crypto Platform

    Bitcoin Depot Breach Exposes Data

    McDonald’s AI Hiring Bot Exposes Data

    Nippon Steel Solutions Data Breach

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial