Cyberattack on Ukraine’s Kyivstar will cost parent Veon almost $100 million in sales

The estimated lost revenue is associated with measures Kyivstar has taken to compensate customers for inconveniences caused by the disruptions, Veon said. The cyberattack was the largest since Russia launched its war on Ukraine in February 2022, knocking out services including mobile phone, damaging IT infrastructure in several regions, and putting people at risk of not receiving air raid alerts.