Financial Crime World

Eritrea Fends Off Massive Cyber Attack on Independence Day: Hackers Foiled as Financial Institutions Remain Secure

Successful Thwarting of Sophisticated Cyber Attack

On its independence day, Friday, May 24, 2024, the Eritrean Government successfully fended off a massive cyber attack launched against the country’s internet system at 12:32’:47 pm. The swift deployment of defensive countermeasures ensured that the network continued to function without interruption.

Investigation Underway

The authorities are closely monitoring the identities of those behind the attempted cyber attack, and a full disclosure is expected in due time.

Highlights Ongoing Threat from Cybercrime

This incident highlights the ongoing threat posed by cybercrime to financial institutions and critical infrastructure in Eritrea. Despite this setback, financial institutions in the country remain secure, with no reports of any breaches or unauthorized access.

Key Takeaways

  • A massive cyber attack was launched against Eritrea’s internet system on its independence day
  • The Eritrean Government successfully thwarted the attack through swift deployment of defensive countermeasures
  • Financial institutions in the country remain secure, with no reports of breaches or unauthorized access