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Officials in Ukraine say the cyber-attacks, which began yesterday, are probably the worst the country has ever seen.
At least 10 major Ukrainian websites were inaccessible due to the attacks, including the Ministry of Defense, Foreign Affairs and Culture, and Ukraine’s two largest state-owned banks.
The attack was planned in advance, is ongoing and is being carried out by several countries, said Digital Transformation Minister Mykhailo Fedorov at a conference in Kiev.
The cost of the breach – through what is known as widespread denial of service attacks or DDoS – is now estimated to be in the millions of dollars.
Ihor Konovalov of the State Service for Special Communications and Information Protection said the two targeted banks were “fully prepared” and had regained control of their accounts without stealing any funds.
Some Ukrainian officials have blamed Russia for the attack. They said its purpose was to spread panic and instability. Moscow has denied involvement.
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