Banking Authority in Europe affected by Microsoft hack

Banking Authority in Europe affected by Microsoft hack

The European banking authority has been affected by the hacking done on Microsoft servers. Several servers on Microsoft were done by Hafnium. 

Bank of Europe Bank experiences a data breach 

The European Banking Authority servers have been breached in an international Microsoft cyber hacking phenomenon. The Agency has stated that private information is likely to have been accessed from outside sources. 

The commission had to go offline to know the extent of the damage. 'We feel bad about this incidence, and we are working to know the extent of the breach.' 'EBA stated. The. Microsoft Exchange servers have been widely used by top firms around the continent but very few companies have said they had been attacked. Washington has issued a statement warning that the breach was' very real ''.  

'' All firms using these Microsoft servers need to do a personal evaluation to determine if they have been affected or not'' Press secretary to the White House said.

Hafnium, a China-basses tech criminal accused of data hacking 

Microsoft has pointed accusing fingers at an Asian hacking group known as Hafnium. The group is based in China, however, the Chinese group has denied any wrongdoing. The security council in America has said that all affected organizations should take active steps to prevent a further breach.

The US has faced similar hacks before, with the Solar winds' situation. But Washington insisted the situation was different from the Microsoft problems. The Solar winds breach was a Russian-sponsored crime to steal state secrets, while the Hafnium situation was very unclear.

It remains unclear how many US firms have been breached and how far they have gone; security experts warn that this may be a systemic attack. Jack Blair of Harold's security agency has insisted that these may not be the only Hafnium works and many smaller cybercriminals may have taken advantage of the leaks to do further damage.

On the same subject

Exploring Eco-friendly Surfing: How Sustainable Practices Enhance Your Wave-riding Experience
Exploring Eco-friendly Surfing: How Sustainable Practices Enhance Your Wave-riding Experience
In the vast expanse of blue that blankets our planet, surfing has emerged as not merely a sport or pastime but as a soulful connection to the natural world. Yet, the pursuit of this connection often comes at a cost to the very environment it celebrates. As we ride the waves, the call for...
The Rise of High-Tech Online Gaming in Slovakia
The Rise of High-Tech Online Gaming in Slovakia
Gaming has become an important part of modern society, and Slovakia is no exception to this trend. However, in recent years, Slovakia has seen a remarkable rise in high-tech online gaming, with an increasingly tech-savvy population embracing this burgeoning entertainment form. The rapid...
What are the benefits of a home security system?
What are the benefits of a home security system?
A home security system is an excellent way to protect your property and services. It offers many benefits such as protection of property and people, burglar deterrence, peace of mind, convenience and energy savings. In this article, you will find information on the benefits of a home security...