Kyivstar cyber-attack expected to cost parent VEON about $100 million in revenue
SpilloverSpillover from the Kyivstar incident · View original incident →Ukraine's Kyivstar suffered a cyber-attack that was expected to cause revenue losses for its parent company VEON Ltd. The expected revenue loss is about $100 million.
Key facts
- Affected organisation
- VEON Ltd.
- Original incident
- Cyber-attack on Ukraine's Kyivstar knocks out telecoms services
- Incident type
- Hacking & intrusion
- Occurred / detected
- Not confirmed
- Scale of damage
- Expected revenue loss of about $100 million
- Cause / method
- Cyber-attack on subsidiary Kyivstar
- Location
- Ukraine
Timeline
- The expected revenue loss for parent company VEON Ltd. from the Kyivstar cyber-attack was put at about $100 million.
Original incident
This is spillover from the Kyivstar incident.
Cyber-attack on Ukraine's Kyivstar knocks out telecoms services
Impact: Telecoms services disrupted, part of infrastructure damaged, revenue losses estimated at about $100 million
On 12 December 2023, Kyivstar, Ukraine's largest mobile operator, was hit by a cyber-attack that disrupted telecoms services and damaged part of its infrastructure. Parent company VEON announced on 19 December that services had been restored. Revenue losses from the attack were later estimated at about $100 million, and Ukraine began gathering evidence to prosecute the attackers.
Related reports: 11 · last report →
1 related reports
The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.