So, recently hackers got the data from a Chinese-owned bank in the European mini-state Liechtenstein. Hackers contacted Valartis Bank Liechtenstein customers and demanded 10% of their life savings to avoid any type of financial details leak to finance authorities and the Media. Chief Financial Officer Fong Chi Wah said: “The attacker did not obtain details of the account statement or asset data”. “Possible affected customers have already been informed by the bank.” The bank confirms that hackers just demanded 10% from the customers but they didn’t steal any money from the accounts. Hackers have given the bank a deadline until December 7, 2016, and demanded that transfer the cash via Bitcoin to avoid detection. According to BGR’s report “Fong Chi Wah stated, prior to contacting the bank,hackers have already collected gigabytes of account information since October last year.”. The another interesting part of the incidence was, hackers also claimed that bank had decided not to pay because they trust their security services, which is why they resorted to extortion practices. So, what do you think about this? Share your thoughts in the comment box below.

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