European Investment Bank (EIB) suffers cyberattack

On Monday 19 June the European Investment Bank (EIB), the European Union's development bank owned by member states, was the victim of a cyberattack when hackers successfully infiltrated the company's systems.

The EIB took to Twitter to confirm the ongoing cyberattack and revealed that the company's websites, and, had been experiencing severe availability problems. The attack left the bank's website completely inaccessible, while that of the European Investment Fund, which is responsible for helping small and medium-sized enterprises with financial accessibility, remained functional, but showed noticeable disruptions.

The pro-Russian hacker group Killnet, known for launching distributed denial of service (DDoS) attacks, claimed on its Telegram to be responsible for the attack. This incident coincided with threats from Russian hacking gangs days earlier, such as Anonymous Sudan and REvil, indicating their intentions to destabilise Western financial markets.