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Greek banks hacked, criminals demand Bitcoin ransom

Wednesday 2 December 2015 13:15 CET | News

A group of hackers have targeted three Greek banks, demanding a ransom of 20,000 bitcoin (EUR 7 million), according to Greek police and the countrys central bank.

A group calling itself the Armada Collective demanded the bitcoin ransom after staging its first attacks, and then threatened a full collapse of the unnamed banks websites if they refused to pay up.

These initial attacks took the form of a distributed denial of service - flooding the banks websites with requests so that they crashed under the strain. On Thursday, they succeeded in disrupting electronic transactions at all three banks for a short period, but customer information was protected.

Cyber-experts from the Greek central bank and the police electronic crime unit were continuing to monitor the banks computer systems, a central bank official added.


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Keywords: Bitcoin, digital currencies, cryptocurrencies, online payments, digital transations, Greece, bank, hack
Categories: DeFi & Crypto & Web3
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