Major Cyberattack Disrupts Global Banking Systems

Source:Reuters
June 30, 2025
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A massive cyberattack targeting major financial institutions worldwide was reported on June 30, 2025, causing significant disruptions to online banking services. Cybersecurity experts have traced the attack to a sophisticated hacking group, though no specific culprit has been named. Banks in the US, Europe, and parts of Africa, including Nigeria, reported temporary outages. Authorities are urging users to avoid suspicious links and update security protocols. The attack has raised concerns about the vulnerability of global financial systems, with losses estimated in billions of dollars.

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