Venezuelan authorities announced a cyberattack on the country’s main bank

A cyberattack on the financial system of the Venezuelan government was called a “terrorist attack”. This was announced on September 18 by the press service of the country’s prosecutor’s office.

It is specified that the terrorist attack on the national financial system, including on the platform of the main bank of Venezuela, took place on the afternoon of September 17. According to preliminary data, the attackers could not access the accounts and services of the bank, as well as conduct transactions.

The attack has now been stopped, and access to all banking services is being restored. The authorities guarantee citizens the safety of their accounts and bank data. The Venezuelan prosecutor’s office has launched an investigation into the causes and circumstances of the case.

Earlier media reported that at least two powerful cyberattacks were carried out on electronic voting services in Russia.

History of the issue

Information technology crimes include unauthorized access to information and bank accounts, the spread of malicious viruses, spam and illegal information, and network tampering with computer-controlled systems.

With the proliferation of information technology and the increase in the number of processes controlled by computers connected to networks, the scale and danger of cybercrime throughout the world is increasing. In 2010, the UN General Assembly named cybercrime as one of the main problems.

Cybersecurity refers to the technical, organizational and legal measures to combat cybercrime. Software tools for countering cybercrime are being developed; large companies have cybersecurity departments in their structure.

The legislation of many countries, including the Russian Federation, establishes both administrative and criminal liability for offenses in the field of information technology. In some cases, cybercrimes can fall under the category of crimes against public safety and public order, in some cases they are punished by special rules of law.

Cybercrime is characterized by a situation where the perpetrator and the victim of a crime are located in different countries, which makes it necessary to internationally coordinate the fight against this kind of crime.

In particular, on 23 November 2001 in Budapest, the Council of Europe Convention ETS No. 185 on cybercrime was adopted. Due to disagreement with the provision on cross-border access to computer systems, Russia’s signature under the Convention has now been withdrawn.

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