Currency.com Confirms Russian Cyber Attack "Failure"

Currency.com said it was the target of a massive cyber attack last week after it ceased operations in Russia.

According to a press release, the platform was subjected to an unsuccessful distributed denial-of-service (DDoS) cyber attack last Tuesday. In addition, it stressed that the attack was a failure and that all user accounts and data remained secure.

In a DDoS attack, hackers flooded a platform with requests for its services with large amounts of data, causing its infrastructure to collapse. Earlier, Ukrainian President Zelensky claimed that Russian hackers had launched DDoS attacks on the country's military and financial sectors.