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    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.
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    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.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on May 27, 2025

    Featured image for article about Headlines

    AMSTERDAM (Reuters) -A previously unknown Russian hacking group was behind attacks last year on the networks of the Dutch police, NATO and several European countries, Dutch intelligence agencies said on Tuesday.

    The group, nicknamed Laundry Bear by the security agencies, was most likely supported by the Russian state, the Dutch General Intelligence Agency and Military Agency said in a joint letter to parliament.

    "The cyberattacks against Dutch institutions are part of a larger international cyber threat posed by the hacker group," they said in a statement detailing the findings of their probe into the incidents.

    The group operated under the radar until it was discovered conducting a hacking operation in September 2024 in which it successfully gained access to the confidential details of Dutch police officials, it said.

    Laundry Bear also conducted cyber-espionage against companies that produce high-end technologies that Russia has difficulty accessing due to Western sanctions over the Ukraine war, it said.

    "The investigation also reveals that Laundry Bear has been responsible for cyber operations against Western governments and other institutions since at least 2024," the statement added.

    It said the group had sought to get hold of information related to "the procurement and production of military equipment by Western governments and Western arms deliveries to Ukraine".

    (Reporting by Anthony Deutsch;Editing by Helen Popper)

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