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Greek Banks Under Cyberattack, Face Ransom Demands (ft.com)
An anonymous reader writes: Hackers have targeted three Greek banks for a third time in five days, demanding a ransom from each lender of 20,000 bitcoin (€7m), according to Greek police and the country's central bank. A group calling itself the Armada Collective demanded the bitcoin ransom after staging its first attacks last Thursday, 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, a police official said.
Haha I was thinking the same thing. Blackmail a bankrupt country. Brilliant plan.
Only the State obtains its revenue by coercion. - Murray Rothbard
That same thought struck me as well. If you're robbing a bank, why not target one that actually has cash?
Why not target institutions of OPEC countries, which actually have cash to burn?
Can someone remind me, please... why do banks need web sites, when there are ATMs everywhere?
So I can manage my money without having to go to an ATM?
Also. it's a whole lot easier to set up automated payments for a biller when I can type the biller's info on a full keyboard.