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May 16, 2015

Two Asian bank websites held ransom for bitcoin

by John_A

US-IT-FINANCE-BITCOIN

One of the problems with virtual currency is that when it’s robbed from a bank, it’s going to take an awful lot of work to make it look exciting in a movie. So I feel for future filmmakers who have to dramatize something like the recent Chinese cyber heists where the culprits demanded bitcoins from the Bank of China and Bank of East Asia in exchange for not launching attacks on their websites. Regional publication The Standard reports that the each of the financial institutions’ websites were hacked last Saturday, with emails sent stating that to avoid another distributed denial of service attack, bitcoin payments would be necessary. Authorities say that the intrusions came from multiple countries and that no bank or customer data had been affected. Eat your heart out, Michael Mann. Oh, wait.

Filed under: Internet

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Via: Coindesk

Source: The Standard

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