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Swiss Bank Feels Force of Cyber Attack in the Social Media Age

Bruce Carton | January 9, 2015

In June 2014 I wrote here about how the concept of hackers demanding ransom from companies in exchange for the hackers leaving them alone and moving on to other targets was new to me. Just seven months later, we have the U.S. government accusing foreign countries of hacking massive companies like Sony and making ransom-like demands if Sony wants the attacks to end.

This week has brought another, very "2015" twist on the concept of hackers seeking ransom. Yesterday, a group of hackers calling itself Rex Mundi announced on its Twitter feed that it had hacked the servers of the...

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