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Uzbekistan's Ipoteka Bank suspends co-op with Russian Unistream

Business Materials 21 November 2018 15:23 (UTC +04:00)

Baku, Azerbaijan, Nov. 21

By Fikret Dolukhanov – Trend:

On Nov. 20, Uzbekistan’s Ipoteka Bank, just as a number of other financial companies, suspended cooperation with the Russian bank Unistream, Russia’s Kommersant newspaper reported.

Some former partners of Unistream decided to block all incoming correspondence from the Russian bank due to the hacker attack on the latter. It wasn’t the first attack in 2018 though. On Nov. 19, the Central Bank of the Russian Federation warned credit organizations in its bulletin about malware being sent from the bank’s official e-mail address.

According to the newspaper, the e-mails with the malware were sent to the recipients from the address book of the bank, which includes foreign partners apart from the Russian ones.

Partners from the CIS countries were among the first to react. The Bank of Asia from Kyrgyzstan, Imon International from Tajikistan, and Ipoteka Bank from Uzbekistan decided to suspend cooperation with the Russian bank.

One of the key partners of Unistream in Russia, Vostochny Bank (Eastern Bank) terminated the cooperation agreement with Unistream. Numerous Russian credit organizations also temporarily suspended cooperation.

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Follow the author on Twitter: @FDolukhanov

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