NoName Hacker Group Targets Italian Banks

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The Italian National Authority for Cybersecurity (ACN) reported that several leading Italian banks were forced offline due to a DDoS attack (in which hackers attempt to flood a network with unusually high volumes of data traffic causing it to crash), and they blame the pro-Russian hacker group NoName. NoName’s Telegram channel claims the attacks began on Tuesday morning.

The ransomware group reported the names of its victims, including Banca Monte dei Paschi di Siena, Che Banca, and Fideuram, which is a subsidiary of Intesa Sanpaolo, the number-one bank in Europe and the number-two bank in the world, according to its website.

ACN stated that it identified the reactivation of Distributed Denial of Service attack campaigns by the pro-Russian group against national institutional subjects, but an unnamed source at one of the targeted banks said that the disruption did not last a very long time and that customers could still carry out transactions through the bank’s mobile app.

According to Cybernews, the pro-Russian hacker group began targeting the Italian nation on July 31st. NoName is apparently upset over a meeting that was held between Italian Prime Minister Giorgia Meloni and US President Joe Biden, in which they discussed the war in Ukraine.

NoName posted a statement saying “The worship of the Ukronazi idol continues in the Russophobic countries of the West… And we once again remind the Russophobic Italian authorities that such actions will not remain without our attention.”

In the timeline of its activity, NoName emerged as a prominent cyberattacking threat around the start of the Russian invasion of Ukraine. They began by attacking the Ukrainian banking sector and have since focused mainly on NATO member nations allied with Ukraine. They recently attacked critical infrastructure in Poland, Denmark, and Lithuania, the French parliament, as well as Switzerland’s financial and aviation sectors. They also attacked some of the largest European ports in Italy, Germany, Spain, and Bulgaria.

Furthermore, in January of 2023, NoName was pushing cryptocurrency payouts to volunteer hackers in exchange for joining the group’s DDoS attacks.