Hungarian banks, telecoms services briefly hit by cyber attack: Magyar Telekom

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BUDAPEST (Reuters) – Some Hungarian banking and telecommunication services were briefly disrupted by a powerful cyber attack on Thursday launched from computer servers in Russia, China and Vietnam, telecoms firm Magyar Telekom <MTEL.BU> said on Saturday.
The event was a distributed-denial-of-service (DDoS) attack, a cyber attack in which hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it.
The volume of data traffic in the attack was 10 times higher than the amount usually seen in DDoS events, the company said.
“That means that this was one of the biggest hacker attacks in Hungary ever, both in its size and complexity,” it said.
“Russian, Chinese and Vietnamese hackers tried to launch a DDoS attack against Hungarian financial institutions, but they tried to overwhelm the networks …

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