Monobank, a leading Ukrainian digital bank, is facing an unprecedented Distributed Denial of Service (DDoS) attack that persisted for three days. The attack, which began on August 16, has generated over 5.5 billion requests, overwhelming the bank’s systems. The scale of the assault is significant enough to have drawn the attention and involvement of Amazon Web Services (AWS), which is collaborating with Monobank to mitigate the attack’s impact. Ukrainian special services have also stepped in to provide additional support.
Oleh Horokhovskyi, co-founder of Monobank, confirmed that despite the intense nature of the attack, the situation remains under control. The attack started with a massive influx of one billion requests in just three hours, and its ongoing nature has highlighted the extraordinary scale of this cyber offensive. The fact that such a high volume of requests is sustained over several days underscores the sophistication of the threat.
The involvement of both AWS and Ukrainian national security services underscores the severity of the attack. This level of cyber aggression is atypical, even for major tech giants like AWS, which further emphasizes the scale and impact of the incident. The bank’s response, while effective, also highlights the growing challenges faced by financial institutions in defending against advanced and large-scale cyber threats.
This ongoing DDoS attack serves as a stark reminder of the evolving landscape of cyber threats, especially against critical infrastructure like financial institutions. The coordinated effort from international tech giants and national security agencies reflects the collaborative approach needed to address such formidable cyber offenses. As the attack continues, Monobank’s resilience and the broader response to the threat highlight the increasing importance of robust cybersecurity measures in an increasingly complex digital environment.
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