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Data BreachThe Cyber Express·4 days ago

Cyberattack Hits Ukraine Agency Ahead of Major Asset Tender

Ukraine's Asset Recovery and Management Agency (ARMA) experienced a cyberattack on its servers ahead of the August 22 deadline for selecting a manager for assets linked to sanctioned Russian oligarch Mikhail Fridman, prompting investigations by the Security Service of Ukraine and the National Anti-Corruption Bureau into whether the incident was part of a broader coordinated campaign. ARMA has documented signs of unauthorized interference since spring, including unauthorized access to officials' email accounts and inquiries, raising concerns about possible coordinated efforts to disrupt operations, apply pressure, or affect the competition, though the agency has not identified the alleged perpetrators. Despite the incident, ARMA said it will proceed with the IDS Ukraine asset manager competition according to established legal procedures and timelines.

Read full article at The Cyber Express

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