Thursday , November 14 2024
payment

Cyberattack Disrupts Israel’s Gas and Payment Systems

A cyberattack on an Israeli clearing company on Sunday left some people unable to use their credit cards for shopping for several hours. According to Times of Israel, The incident occurred less than two weeks after a similar attack briefly disrupted another credit services company.

In Sunday’s incident, a DDoS attack hit the payment company Hyp, used by various businesses in Israel such as the Maccabi health fund, taxi service Gett, food ordering app Wolt, and public transportation payment systems Rav Kav Online and Hop-On.

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Hyp’s Credit Guard confirmed in a statement that it was the target of a cyberattack, and said it had since blocked the attack and returned to operating as normal.

“In the last hour, we experienced a DDoS attack on some of the company’s services and the communication providers connected to us,” Credit Guard said in a statement.

“At this point, the attack was blocked, and the service returned to normal operation. We are coordinating with all security agencies to ensure continued normal operation.”

The attack also disrupted operations on Bit, a popular digital payment app by Bank Hapoalim, similar to Venmo in the US.

Cybersecurity firm Check Point, as reported by Channel 12, states that cyberattacks on Israeli companies have doubled since last year.

According to the Jerusalem post, “This suspected cyberattack follows previous attempts made by Iran to penetrate Israeli cyber defenses. In October, a similar attack targeted the national credit-based payment system.

The attack on the system, operated by Sheba (Automated Bank Services), caused delays in approving debit card payments. However, Sheba reported that its core role in the national payment system remained intact, preventing widespread market impact.”

Source: the Jerusalem post, Times of Israel

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