A foreign-origin ransomware attack cripples national real estate transactions, raising significant security concerns.
In an unprecedented cyberattack, Slovakia's Geodesy, Cartography, and Cadastre Authority has been hit by a severe foreign-origin cyberattack, significantly disrupting the national property registry's IT infrastructure.
The Slovak police confirmed on Wednesday that the property registration system has been compromised by a massive cyberattack believed to have originated from abroad.
The Organized Crime Office is investigating unauthorized intrusions into the land registry system, as stated in a Wednesday
Facebook post by the Slovak police.
Authorities promised additional information as the situation stabilizes.
Earlier, the Ministry of the Interior had referred to technical disruptions without addressing media inquiries.
Živé.sk, a Slovak news portal, reports that this is potentially the largest cyberattack in Slovakia's history.
The ransomware attack has rendered the system's data unusable by encrypting it and demanding a multimillion-dollar ransom from the Slovak government for decryption.
It remains uncertain whether the registry can be reconstructed from existing security backups, as comprehensive data recovery plans seem lacking, indicating that the system's outage may be prolonged.
As a direct consequence, Slovakia's real estate market is paralyzed, with transactions impossible to proceed, according to Pénzügy.sk.
The issue affects property purchase and sales, the issuance of building permits, land registry operations, and even inheritance processes.
Additionally, Slovak banks are unable to offer mortgage services due to verification barriers.
The Slovak opposition is demanding transparency from Interior Minister Matúš Šutaj-Eštok and Investment Minister Richard Raši regarding the crisis.
The situation is under examination by the parliamentary committee overseeing the National Security Office.
The committee's investigation reflects broader concerns about the security of state-run digital services and the potential exposure of citizens' data.
The ramifications of this cyberattack illustrate the intersection of national security and digital infrastructure resilience, underscoring the need for robust contingency frameworks to mitigate similar future incidents.