Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Ukraine sees Russian effort to sow chaos as cyberattack hits rail service
    Headlines

    Ukraine sees Russian effort to sow chaos as cyberattack hits rail service

    Ukraine sees Russian effort to sow chaos as cyberattack hits rail service

    Published by Global Banking and Finance Review

    Posted on March 24, 2025

    Featured image for article about Headlines

    By Yuliia Dysa and Tom Balmforth

    KYIV (Reuters) -A powerful cyberattack knocked out the online ticketing system for Ukraine's state railway service, causing long queues at stations on Monday in what Kyiv officials said looked like a Russian attempt to "destabilise" the situation.

    The rail system is a vital way for civilians and freight to travel round wartime Ukraine - a country twice the size of Italy - where air travel had been grounded due to regular missile and drone strikes since Russia's full-scale invasion in 2022.

    There was no comment from Moscow about the attack.

    Blaming the cyberattack on the "enemy", shorthand usually used by Kyiv to mean Russia, officials said rail travel had not been affected but that work was still under way to restore the online ticketing system more than 24 hours after the hack.

    An outage was first reported on Sunday when the rail company notified passengers about a failure in its IT system and told them to buy tickets on-site or on trains.

    "The latest attack was very systemic, unusual and multi-level," rail company Ukrzaliznytsia wrote on the Telegram app.

    Long lines had formed at Kyiv's central train station on Monday morning as people waited to buy tickets. Booking offices said tickets were only available for travel until Tuesday.

    The Ukrainian rail company, which has grappled with Russian missile strikes at various points during the war, did not explicitly say who it thought was behind the attack.

    A Ukrainian security official and a senior government source, both of whom were speaking on condition of anonymity, said the attack looked like it had been carried out by Russia.

    The security official said the attack appeared aimed at exerting psychological pressure on Ukrainians and destabilising the social and political situation.

    "It was some hacker group. We think that they are Russians. It is a strong strike but not critical," the government source said, also saying that it looked aimed at "destabilisation."

    Trains have been the main mode of transportation for domestic and international passengers since 2022, as well as a key route for weapons and equipment deliveries.

    The system transported around 20 million passengers and 148 million tonnes of freight last year, Deputy Prime Minister Oleksiy Kuleba said at the end of 2024.

    Oleksandr Pertsovskyi, Ukrzaliznytsia's board chairman, said on national television that the company had handled the fallout from the attack well.

    "Operational traffic did not stop for a single moment. The enemy attack was aimed at stopping trains, but we quickly switched to backup systems."

    (Reporting by Anastasiia Malenko, Yuliia Dysa; additional reporting Max Hunder and Sergiy Karazy; writing by Tom Balmforth; editing by Mark Heinrich)

    Related Posts
    Notable deaths of 2025
    Notable deaths of 2025
    'Marvellous' emerging markets tipped for another star showing in 2026
    'Marvellous' emerging markets tipped for another star showing in 2026
    France faces budget showdown as lawmakers race to avoid deadlock
    France faces budget showdown as lawmakers race to avoid deadlock
    Ukraine's Zelenskiy to meet Poland's Trump-backed president at key moment in war
    Ukraine's Zelenskiy to meet Poland's Trump-backed president at key moment in war
    Civilian infrastructure damaged in Ukrainian attack on Russia's Oryol region, governor says
    Civilian infrastructure damaged in Ukrainian attack on Russia's Oryol region, governor says
    Japan reaffirms no-nukes pledge after official floats weapons idea
    Japan reaffirms no-nukes pledge after official floats weapons idea
    Australia's 'Bondi Hero' handed $1.65 million collected from fundraising
    Australia's 'Bondi Hero' handed $1.65 million collected from fundraising
    Gunman in Brown University shooting found dead, authorities say
    Gunman in Brown University shooting found dead, authorities say
    France's Macron says he hopes EU will pass Mercosur clauses during delay
    France's Macron says he hopes EU will pass Mercosur clauses during delay
    EU countries agree on financial support for Ukraine, Costa says
    EU countries agree on financial support for Ukraine, Costa says
    EU leaders set to agree on loan to Ukraine backed by EU budget - draft text
    EU leaders set to agree on loan to Ukraine backed by EU budget - draft text
    Analysis-Australia's gun control consensus frays after Bondi Beach attack
    Analysis-Australia's gun control consensus frays after Bondi Beach attack

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostFinland's Fortum says building new nuclear power is too expensive, for now
    Next Headlines PostUK detects first case of bird flu in a sheep, stoking fears of spread

    More from Headlines

    Explore more articles in the Headlines category

    Bangladesh rocked by unrest after death of student leader

    Bangladesh rocked by unrest after death of student leader

    Irish central bank raises growth forecasts, says economy resisting US headwinds

    Irish central bank raises growth forecasts, says economy resisting US headwinds

    Australia plans gun buyback after Bondi massacre, as surfers honour victims

    Australia plans gun buyback after Bondi massacre, as surfers honour victims

    Australia police say detained men likely had ideological links to Bondi gunmen

    Australia police say detained men likely had ideological links to Bondi gunmen

    New EU draft text on Russian assets offers uncapped guarantees for Belgium

    New EU draft text on Russian assets offers uncapped guarantees for Belgium

    Putin to talk of war and peace at marathon news conference

    Putin to talk of war and peace at marathon news conference

    Thousands rally in Bulgaria against corruption, call for judicial reform

    Thousands rally in Bulgaria against corruption, call for judicial reform

    Analysis-How Trump's Venezuela embargo could put Taiwan at risk

    Analysis-How Trump's Venezuela embargo could put Taiwan at risk

    UN elects former Iraqi President to lead UN refugee agency

    UN elects former Iraqi President to lead UN refugee agency

    Trump says 'getting close to something' ahead of US, Russia talks on Ukraine

    Trump says 'getting close to something' ahead of US, Russia talks on Ukraine

    Russian shelling near Odesa kills one, hits power supply

    Russian shelling near Odesa kills one, hits power supply

    Britain names Christian Turner as ambassador to the US

    Britain names Christian Turner as ambassador to the US

    View All Headlines Posts