After Demanding $3 Million Ransom, Hacker Dumps Massive Customer Financial Data (dailydot.com)
Patrick O'Neill writes: Just over week after a hacker breached a United Arab Emirates Bank, demanding a $3 million ransom to stop tweeting customers' information, he appears to have dumped tens of thousands of customer files online. The actual data appears to be real. And it's vast. One database analyzed by the Daily Dot includes the sensitive information of around 40,000 customers, including their full names, credit card numbers, and birthdays. One account contained 4,7174,962.38 dirham, or $12,844,589.77. Those accounts' total earnings add up to $110,736,002. One bank executive confirmed the hack to Farooqui, adding that, "This is blackmail."
Yes, that's exactly what it is.
What do you think holding something for ransom is?
Lost at C:>. Found at C.
One bank executive confirmed the hack to Farooqui, adding that, "This is blackmail."
Dude, it was blackmail. This is a shitstorm.
One database analyzed by the Daily Dot includes the sensitive information of around 40,000 customers, including their full names, credit card numbers, and birthdays. One account contained 4,7174,962.38 dirham, or $12,844,589.77. Those accounts' total earnings add up to $110,736,002.
$110.7 million over 40,000 accounts is an average of $2,767.5 per account. That one guy with $12 million has over 4600 times the average.
They have the information. They can release it any time.
You might pay the ransom, then they'll demand more money a year down the line.
It sucks that the customer data got released, but paying a ransom isn't the right way to deal with this. Improve security, make it harder to breach the systems. Paying ransoms just encourages more ransoms in the future.
If the criminals know they'll never get their ransom paid, they'll stop. (and move onto other criminal endeavors I'm sure... but that's criminals for ya)