Kyivstar starts restoring voice services on its network following widespread cyber-attack
December 13 2023 - 1:51PM
Kyivstar starts restoring voice services on its network following
widespread cyber-attack
Amsterdam, 13 December 2023 – VEON Ltd.
(NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator
that provides converged connectivity and online services, announces
that its Ukrainian subsidiary Kyivstar has started restoring voice
services on its mobile network as of 18.00 Kyiv time, following the
widespread cyber-attack of 12 December 2023.
The restoration will continue to progress gradually and in
stages; and setbacks during the process are possible. Kyivstar
technical teams are also working on restoring data and SMS
messaging services; and hope to gradually make these available
within the next 24 hours. In parallel, the company is working in
close cooperation with Ukrainian law enforcement agencies,
government services, and the Security Service of Ukraine, to
identify the circumstances of the attack. Earlier in the day,
Kyivstar refuted unfounded claims that hacker groups shared on
social media, and confirmed that consumer data has not been
compromised.
VEON and Kyivstar are also conducting a thorough investigation
to determine the full extent and impact of the incident, and to
implement additional security measures to prevent any recurrence.
The full financial impact remains not quantifiable at this stage as
the restoration of services continue.
VEON and Kyivstar thank Ukrainian government agencies for their
immediate response and assistance in addressing the attack, and
express their gratitude to Kyivstar customers, corporate clients,
partners and industry colleagues for the overwhelming support they
have shown on public and private channels.
VEON and Kyivstar reiterate their commitment to keeping Ukraine
connected and resilient.
About VEON VEON is a digital operator that
provides converged connectivity and digital services to nearly 160
million customers. Operating across six countries that are
home to more than 7% of the world’s population, VEON is
transforming lives through technology-driven services that empower
individuals and drive economic growth. Headquartered in
Amsterdam, VEON is listed on NASDAQ and Euronext. For more
information visit: https://www.veon.com.
Disclaimer This release contains
“forward-looking statements,” as the phrase is defined in Section
27A of the U.S. Securities Act of 1933, as amended, and Section 21E
of the U.S. Securities Exchange Act of 1934, as amended.
Forward-looking statements are not historical facts, and include
statements relating to, among other things, VEON’s efforts to
address the consequences of a cyberattack. Forward-looking
statements are inherently subject to risks and uncertainties, many
of which VEON cannot predict with accuracy and some of which VEON
might not even anticipate. The forward-looking statements contained
in this release speak only as of the date of this release. VEON
does not undertake to publicly update, except as required by U.S.
federal securities laws, any forward-looking statement to reflect
events or circumstances after such dates or to reflect the
occurrence of unanticipated events.
Contact Information:
VEON Hande Asik Group Director of Communication
pr@veon.com
TUVA Partners Julian Tanner Julian.tanner@tuvapartners.com
VEON (TG:35V1)
Historical Stock Chart
From Jul 2024 to Aug 2024
VEON (TG:35V1)
Historical Stock Chart
From Aug 2023 to Aug 2024