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Ukraine is being DDoS attacked, several financial institutions including Privat bank and Oschadbank are offline.

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by COINS NEWS 197 Views

Just as we all thought that the Ukraine is getting some break from the whole situation, multiple websites in Ukraine are unreachable at the moment due to heavy DDoS attack on them. Those include Ukrainian Ministry of Defence, Armed Forces, both Privatbank and Oschadbank.

This is where centralized financial institutions weakness shows the most. It's rather easy to attack them by DDoS and keep them offline for significant amount of time without even gaining access to them. Just pure brute attack. It's without a doubt an unfortunate event for Ukraine (I can only hope that it doesnt further escalate) , this perfectly shows how easily attackable centralized banks are.

I hope that people, especially in countries like Ukraine see that as soon as possible and turn to crypto in order to protect their assets. Be safe guys.

Edit: Updated my post with the link to the source to support my claim

https://nitter.net/DefenceU/status/1493628291844083723

submitted by /u/DaddySkates
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