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SGT Unit Supply Specialist
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PO1 William "Chip" Nagel
..."John Hultquist, the vice president of threat intelligence at the cybersecurity company Mandiant, said that the spam texts and DDoS attacks might be a coordinated information operation to cause Ukrainians to lose faith in their financial institutions.

“We don’t know the full details of the campaign, but both incidents might be combined to suggest that the security of the financial system is in question,” Hultquist said.

Cybersecurity experts generally regard DDoS attacks as a form of online harassment, and the attacks don’t appear to have compromised any sensitive systems. They come as Russian military forces are positioned along the country’s border with Ukraine, sparking international concern about a possible war.

DDoS attacks are a common but unsophisticated tool in a hacker’s toolbox, relying on a steady torrent of automated traffic to temporarily knock a website offline. Unless paired with other hacking techniques, such attacks do not have consequences beyond website outages. Perpetrators of DDoS attacks can be difficult to trace, and the Center for Strategic Communications did not say who was responsible for Tuesday’s attacks.

But even outages can be a serious inconvenience. With PrivatBank, users couldn’t access the bank’s app and some couldn’t see their balances or recent transactions, though they did not lose funds, the center said in its announcement."...
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