European Commission Hack Attack: Any EU Data compromised?

There has been reports of an European Commission Hack Attack. The distributed denial of services (DDoS) was targeted at the European Commission’s computers. Were there any EU Data compromised?

27 November, AtoZForex – Earlier this week, hackers have attacked the European Commission’s computers, flooding the EU executive’s servers with the digital service request. The hackers attempted to saturate the internet connection with the European Commission Hack Attack.

Were there any vital EU Data compromised?

The commission said that while the connection speed was affected, there was no data breach. Moreover, a spokesman, Margaritas Shinas said in a news briefing on Friday that the commission was targeted by a trial to saturate their internet connection.

Additionally, he said the commission took effective countermeasures and no interruption of services happened. Although the connection speeds were affected he said no data breach happened.

European Commission Hack Attack: Who was behind it?

Ms. Schinas said that the commission did not know who were behind the attack. Adding that it was of distributed denial of services (DDoS) type. Which happens when too many requests are done simultaneously to servers, causing the service to crash.

Furthermore, the attack happened as Ukrainian president Petro Poroshenko visited Brussels for a discussion of visa-free travel to the European Union. Yet, Ms. Schinas refused to give any comments if there was a connection between the visit and the attack.

How safe are the central banks’ online systems?

Aside the reported cyber attacks on the EU institutions, this type of attacks has also been targeted on the Fed. Over the last four years, more than 50 cyber attacks on the Fed were detected. These attacks on the Fed took place from 2011 until 2015. These attacks targeted the Federal Reserve’s confidential information on various global issues. Considering that it remains an attractive target for cyber criminals, who seek ill-profits from illegally obtaining confidential information.

In the Fed’ case, it was reported that hackers used malicious code or software attack in most cases. Also, the cyber criminals were targeting the data mostly during the period of Fed’s heavy investment in US government debt and mortgage-backed securities.

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