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Sberbank refutes series of DDoS attacks organized from dozens of countries

"The attack was promptly registered and localized by units of Sberbank’s cyber defense," the bank's press service said

MOSCOW, November 9. /TASS/. Russia’s Sberbank has refuted a series of powerful DDoS attacks organized from dozens of countries on Tuesday, the bank’s press service told TASS on Wednesday.

"On November 8, Sberbank’s online resources came under powerful DDoS attacks. Attacks were organized from botnets that include tens of thousands of machines territorially spread across several dozens of countries," the press service said adding that the intensity of attacks increased throughout the day.

"The first attack was registered in the morning. The next attack, in the evening, consisted of several stages, each of them twice as hard as the previous one. At the same time, the bank’s protection systems worked well. The attack was promptly registered and localized by units of Sberbank’s cyber defense. The bank’s clients did not have any interruptions of service," a representative of the bank said.

Sberbank head German Gref said earlier that the damage from cyber attacks in the world will at least double to reach $1 trillion by 2020.