Palau in chaos as cyberattack paralyzes financial systems

Date Reported: 2024-03-26
Country: Palau
Victim: Palau Government | palaugov.pw
Additional Information:

  • The financial management system of Palau has been severely disrupted by a ransomware cyberattack, marking the first of its kind against the Palauan government.
  • As a result of the attack, the Ministry of Finance has been forced to manually process salaries.
  • President Surangel Whipps Jr. suspects that the attack originated from a company in Malaysia with possible links to Russia or China.
  • In response to this threat, President Whipps emphasized the importance of a comprehensive cybersecurity plan and has requested assistance from the United States and Taiwan.

Article: https://www.mvariety.com/news/regional_world/palau-scrambles-after-cyberattack-cripples-financial-systems/article_72cf17da-efe1-11ee-9529-ebb09296e67b.html
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