Breaking news

EU Commission Confirms Cloud Breach After Cyberattack

Incident Overview

The European Commission has officially confirmed that its cloud infrastructure was targeted in a sophisticated cyberattack. In a detailed briefing, spokesperson Nika Blazevic stated that an attack compromised part of the cloud environment, resulting in the unauthorized extraction of significant data volumes.

Swift And Decisive Action

Authorities report that immediate countermeasures were deployed to isolate the breach and mitigate further risks. “We have taken immediate steps and contained the attack. Risk mitigation measures were also implemented,” the spokesperson added. Importantly, internal systems remained uncompromised, underscoring the resilience of the EU Commission’s cybersecurity protocols.

Extent And Impact Of The Breach

Incident affected cloud hosting linked to the Europa.eu platform. The platform supports the Commission’s public-facing websites. Reports indicate that attackers extracted large volumes of data, including databases, from cloud infrastructure hosted on Amazon Web Services. The scale of the breach is still being assessed.

Looking Ahead

As the investigation continues, the incident raises critical questions about safeguarding sensitive information in an era marked by evolving cybersecurity challenges. The proactive measures undertaken by the European Commission serve as a benchmark for crisis management and risk mitigation in the public sector.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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