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Author Topic: [2015-12-01] Hackers blackmail Greek banks demanding bitcoin ransom  (Read 219 times)
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December 01, 2015, 01:21:06 PM

Hackers blackmail Greek banks demanding bitcoin ransom

 At least three Greek banks have been hit by cyber-attacks from a group of hackers demanding a bitcoin ransom. The group called Armada Collective threatened to disrupt the banks’ electronic transactions unless each paid a 20,000 bitcoin ($7 million) ransom.

The Armada Collective attacked the systems of three Greek banks (including the central bank) which interrupted transactions for a few minutes followed by the ransom demand.

"No bank responded to this extortion, so the same hackers tried again at the weekend and today," a police official was cited as saying on Monday by the Financial Times. "But we had strengthened our defense in the meantime, so no disruptions took place."

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