UAE Bank Victimized by Data Breach and Bitcoin Ransom
Another customer data breach is in the news, only this time, the results are worse than we're used to. The breach occurred in the United Arab Emirates, and the attack is being labeled as the biggest in the country's history. According to Bitcoinist.net, Sharjah bank in the UAE was the victim of a massive hack that took place on November 18th of this year. Customer data was held by "Hacker Buba," the alias of the alleged attacker. Buba leaked the information on social media outlets and explained that he wouldn't stop until the bank agreed to pay the bitcoin ransom he had set forth. The....
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A recent breach of customer data at a UAE-based bank, which resulted in a Bitcoin ransom, represents a formidable hack that has exposed customer data. Some say it could be the largest in UAE history. Sharjah bank suffered the hack on November 18. The hacker then held the sensitive customer data ransom, leaking the information on social media since the initial breach. The hacker went by the moniker Hacker Buba and claims he won’t stop until bank staff pays him an undisclosed amount of bitcoins. Twitter suspended Hacker Buba’s account, but the following day he had a new account and uploaded....
A senior executive in Australia has reportedly been victimized after the company they work for was pressured by online hackers into paying a ransom in bitcoin worth $14,000 earlier this year. According to a report by the Brisbane Times, the unnamed Queensland-based business suffered an internal data theft, which was followed by the ransom demand. The company paid the amount, local law enforcement officials told the news service. Subsequent ransom demands were ignored, police explained, a decision that is said to have prompted the hackers to escalate their intimidatory tactics. The hackers....
One of Bitdefender's servers has been hacked by DetoxRansome. The hacker claimed to have stolen some of the login credentials of Bitdefender's users. He has also threatened to release the details of the users if the sum of $15,000 is not paid as ransom. The breach has been confirmed by Bitdefender, an antivirus software provider. Bitdefender, however, claimed that the total amount of data that was leaked is less than 1 percent of its users' data. They further stated that the login credentials that were compromised were those of accounts belonging to small to medium sized businesses. They....
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