Hackers Behind ProtonMail Attacks Now Targeting Greek Banks for Bitcoins

By Pushpa Mishra on December 2, 2015 Email @hackread Cyber Attacks Cyber Crime Security

A hacking group (Armada Collective) which was previously held responsible for launching DDoS attacks on ProtonMail is back and this time targeting Greek banks and using the old DDoS-for-Bitcoin extortion scheme.
In the ProtonMail case, the company paid ransom to the group but Greek banks contacted law enforcement authorities instead.
The attacks started on 26th November and continued for the remaining week in which three unnamed banks were targeted. The cyber criminals demanded a ransom of 20,000 Bitcoins which currently values $7,210,000, according to the Kathimereini Greek Newspaper.
The Managing director at Imperial Media (Yanni Koutsomitis) said the authorities in Greek contacted an FBI investigation specialist to help them in investigating the hacking group. However, FBI was caught telling victims of cyber attacks to pay ransom in such cases.

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