In December 2014, as Russia’s rouble plunged amid sliding oil prices and western sanctions over Ukraine, Sberbank, the country’s biggest lender, suffered what its chief executive Herman Gref described as a “co-ordinated attack”. A million customers received anonymous text messages claiming
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp