Russian investment platform hit by pro-Ukraine hackers, website remains offline

A Russian investment and analytics platform has confirmed it was the target of a cyberattack carried out by a pro-Ukrainian hacker group, leaving its website offline for several days.

Investment Projects, operated by Moscow-based PKR Group, said Wednesday it was still working to restore its systems after the breach, which was claimed by the hacker collective Cyber Anarchy Squad. The company said it had informed state regulators of the incident and stressed that efforts were underway to recover its infrastructure.

The hackers announced responsibility for the attack on Sunday, alleging they had damaged parts of the platform’s digital framework, gained access to internal databases and employee documents, and leaked a cache of files online. The authenticity of the stolen material could not be independently verified.

Cyber Anarchy Squad said it released the data to pressure regulators into issuing fines against the platform, noting that Russian law allows penalties of up to 20,000 rubles, or about $250, for failing to safeguard customer information.

In its response, Investment Projects described the incident as an attempt to undermine the Russian economy, saying it would withstand the disruption. The platform is used to promote and analyze large-scale projects across Russia, including industrial, civil, and transportation ventures. Its clientele includes prominent Russian companies such as engineering firm Konar, Norilsk Nickel, agribusiness Rusagro, and private carrier S7 Airlines.

Cyber Anarchy Squad has been active since 2022 and has previously targeted Russian and Belarusian organizations ranging from telecom providers to cybersecurity firms and government-linked entities. The group frequently uses Telegram to publicize its operations.