Locked into a 15-year lease agreement, Magyar Telekom <MTEL.BU> is considering subletting some of its new headquarters, one of several options under review as the coronavirus pandemic upends long-term plans for Hungary's largest office building. The Deutsche Telekom <DTEGn.DE> unit, one of Hungary's biggest companies which employs more than 7,000 people, had spent just over a year working in the state-of-the-art office complex on the outskirts of Budapest. When the first wave of the pandemic hit and Hungary went into lockdown, the 58,000 square-metre building was closed.
Some Hungarian banking and telecommunication services were briefly disrupted by a powerful cyber attack on Thursday launched from computer servers in Russia, China and Vietnam, telecoms firm Magyar Telekom <MTEL.BU> said on Saturday. The event was a distributed-denial-of-service (DDoS) attack, a cyber attack in which hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it. "Russian, Chinese and Vietnamese hackers tried to launch a DDoS attack against Hungarian financial institutions, but they tried to overwhelm the networks of Magyar Telekom as well," the company added in a statement.