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Hacker Leakages Customer Data After a United Arab Emirates Bank Fails to Pay Ransom
A hacker who burglarized a large bank in the United Arab Emirates made great on his danger to launch consumer data after the bank declined to pay a bitcoin ransom worth about $3 million.
The hacker, who calls himself Hacker Buba, breached the network of a bank in Sharjah last month identified as Invest Bank by The Daily Dot, and began launching client account and deal records via Twitter.
Although extortion hacks utilizing ransomware are a growing trend, it does not appear that the hacker in this case made use of ransomware. Ransomware includes malware installed on a victim’s machine that encrypts their data or otherwise locks them from their system till they pay a ransom, normally in Bitcoin. In this case, it appears the bank still had access to its systems, and the hacker merely siphoned the data.
The news was first reported by the Dubai-based newspaper Xpress. According to the reporter, the hacker provided to give him 5 percent of the paid ransom for his cooperation, though it’s unclear what kind of cooperation he was looking for from the reporter. He apparently informed the journalist that he had data from other banks also. I give u 5 % from overall I get. Have many banks from UAE, Qater, ksa and etc. Will collaborate, he supposedly composed in a direct message to the reporter via Twitter.
The hacker reportedly utilized the image of an Invest Bank employee for his Twitter avatar to publish the account statements of federal government authorities and UAE firms on November 18. Although Twitter closed the account, the hacker opened a brand-new one and released the account statements of some 500 bank consumers.
He likewise sent out sms message and e-mails to bank consumers, utilizing contact details obtained from their checking account records, and threatening to release their records online unless they or the bank paid him a ransom.
Yes, there was an information breach and we have actually been contacted by Hacker Buba. He is requesting cash but I can not reveal how much. This is blackmail, the bank’s chief monetary and operating officer told Xpress. We won’t offer in to any extortion hazard. In any case there has actually been no monetary loss. All exactly what this guy has is some consumer information and he’s tryingaiming to utilize it as a bargaining chip.
Most of the bank’s clients, nevertheless, did not learn that their information had actually been stolen and released online until the paper contacted them.
Files professing to come from the hacker, and viewed by WIRED, appear to show bank consumer credit card transactions for purchases made at retailers and dining establishments around the world, including the United States. The records consist of the credit card number, amount of money of purchase and permission code, though not the customer name. Other files purport to reveal the balances on 50,000 bank cards. Some of the files are Excel spreadsheets; others seem entire SQL databases stolen by the hacker.
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