"Russian State Hackers Attempted to Block Ukrainians From Opening US Bank Accounts"
"Russian State Hackers Attempted to Block Ukrainians From Opening US Bank Accounts"
During two weeks in March 2022, 95 percent of the accounts opened at major US banks were fraudulently created. According to Rachel Wilson, managing director and head of cybersecurity for Morgan Stanley's Wealth Management division, many were created by Russian state hackers who conducted a Denial-of-Service (DoS) attack to block Ukrainian war refugees from transferring their money to American financial institutions.