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    Cyberattacks Against Russia's Largest Bank Politically Motivated - Sberbank CEO

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    Cyberattacks against Russia's largest bank Sberbank were, among other things, politically motivated, but hackers have no chance for success, Sberbank CEO Herman Gref said Thursday during an annual Q&A session with employees.

    ANOSINO (Sputnik) — Russia's Federal Security Service (FSB) warned last week that foreign intelligence services planned cyberattacks on the financial sector in several dozen Russian cities from a Ukrainian hosting company's servers located in the Netherlands. The attacks were said to start December 5.

    "It is evident that attacks on us also have a political element. We saw successful attacks in December 2014… Today 98 percent of crimes are committed in the cyber form. First of all these are people who embarked on a criminal path. And also there are political motives," Gref said.

    He said a hacker attack on Sberbank in December 2014 resulted in panic among depositors and withdrawal of cash from Sberbank to the tune of 1.3 trillion rubles ($20.5 billion).

    "Now, I think, they have no chance to be successful… The situation of late 2014 taught us a lot," Gref said.

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    cyberattacks, Sberbank, German Gref, Russia
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