Malicious Hacker Tries to Extort Bank for $3 Million in BitcoinAn unknown malicious hacker has successfully breached a Sharjah, UAE-based bank of its customer statements and records. Over the past few days, the hacker has released the confidential data via social media after the bank refused to give in to the hacker’s extortion.
A cybercriminal who goes by the alias ‘Hacker Buba’ (yes, really) has – for the past week – held a bank in Sharjah, UAE to ransom. The hacker blackmailed the bank to pay a ransom in Bitcoin and the failure to do so will lead to the public leak of the bank’s customers’ account statements. Customers include government entities, private companies and individuals. As it turned out, the bank refused to pay and the hacker kept his word to start doxing confidential bank statements via Twitter.
As reported by GulfNews, a prominent online publication in the Middle East, Hacker Buba’s Twitter account was finally suspended on November 23, five days after the hacker began revealing the bank’s customer statements. To nobody’s surprise, the hacker set up another account the following day to upload account 500 bank customers’ statements in a single tweet, according to GN.
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