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Germany Issues Fresh Warning to Banks of Cyber Attacks Due to Ukraine War

The logo of Germany's Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside an office building of the BaFin in Bonn, Germany, April 15, 2019. (Reuters)
The logo of Germany's Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside an office building of the BaFin in Bonn, Germany, April 15, 2019. (Reuters)
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Germany Issues Fresh Warning to Banks of Cyber Attacks Due to Ukraine War

The logo of Germany's Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside an office building of the BaFin in Bonn, Germany, April 15, 2019. (Reuters)
The logo of Germany's Federal Financial Supervisory Authority BaFin (Bundesanstalt fuer Finanzdienstleistungsaufsicht) is pictured outside an office building of the BaFin in Bonn, Germany, April 15, 2019. (Reuters)

The German financial regulator BaFin issued a fresh cyber security warning on Tuesday to the nation's financial sector due to the war in Ukraine following a recent increase in cyber attacks.

BaFin has repeatedly warned about cyber attacks but Tuesday's security notice marks an escalation of its concerns.

"In recent days there have been repeated attacks on IT infrastructure," BaFin said.

BaFin said the recent events had especially taken the form of 'distributed denial-of-service (DDoS)' attacks, in which hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyze it.

Russia's invasion of Ukraine, launched on Feb. 24, has caused a serious deterioration in its relations with the West. Moscow denies Western accusations of involvement in cyber attacks.

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Saudi Arabia’s Tuwaiq Academy Selected as Google Cloud's Training Partner

Google Cloud's endorsement of Tuwaiq Academy highlights the institution's adherence to worldwide standards
Google Cloud's endorsement of Tuwaiq Academy highlights the institution's adherence to worldwide standards
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Saudi Arabia’s Tuwaiq Academy Selected as Google Cloud's Training Partner

Google Cloud's endorsement of Tuwaiq Academy highlights the institution's adherence to worldwide standards
Google Cloud's endorsement of Tuwaiq Academy highlights the institution's adherence to worldwide standards

Tuwaiq Academy in Saudi Arabia has been selected as a Google Cloud Authorized Training Partner (ATP) to introduce boot camps and programs featuring professional certifications.

Moreover, a number of the academy's staff members have received certification in instructing Google Cloud's cloud computing technologies and services.

Google Cloud's endorsement of Tuwaiq Academy highlights the institution's adherence to worldwide standards in fostering expertise in cloud infrastructure, data science, machine learning, and application development while providing professional certifications.

These certifications include certified professional cloud architect, certified professional data engineer, certified professional cloud developer, certified professional cloud security engineer, and certified professional machine learning engineer. This milestone follows the staff's acquisition of various professional certifications in teaching cutting-edge technologies across multiple cloud computing disciplines.

CEO of Tuwaiq Academy Abdulaziz Alhammadi highlighted the academy's dedication to forging partnerships with prominent global organizations to offer professional boot camps and programs within an environment equipped with the latest technologies. The objective is to cultivate outstanding national talents capable of developing innovative solutions across diverse sectors.

Tuwaiq Academy stands out as the first of its kind to offer a multitude of boot camps and programs in partnership with leading global entities, benefiting more than 1,000 trainees daily. The academy employs a practical application-based learning methodology to remain current with modern technological advancements and align with the job market demands.