The entire Russian banking system is at a standstill nationwide after the Internet Service Provider ISP Infotel, used for banking communication with the Russian Central Bank is down. the ISP, is suspected to have been hacked by a pro-Ukraine group.
With Infotel taken down and its networking equipment physically fried with kinetic cyber attacks, inter-bank transactions are having to be done manually in Russia. Infotel network is reported to have been down for 31 hours and counting.
Kinetic Cyber refers to a class of cyber attacks that can cause direct or indirect physical damage, injury or death solely though the exploitation of vulnerable information systems and processes.