European Banking Authority’s Email Servers Hacked in Global Microsoft Exchange Cyberattack

The European Banking Authority’s email servers have been compromised in a global Microsoft Exchange cyber-attack.

The EU body said personal data may have been accessed from its servers. And it had pulled its entire email system offline while it assessed the damage.

“The EBA is working to identify what, if any, data was accessed,” it said.

Microsoft Exchange servers are widely used for email by major businesses and governments. But few organisations have yet admitted being hit by the attack.

What happened?

The cyber-attack had exploited a vulnerability in Microsoft’s Exchange email system – or sometimes used stolen passwords – to look like someone who should have access to the system, Microsoft said.

Then, it would take control of the email server remotely – and steal data from the network.

US officials warned at the weekend the attack remained an “active threat”.

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SOURCE: BBC News