City's financial institutions are falling prey to cybercriminals who threaten to disable servers unless they pay up in bitcoins, experts say
Hackers have targeted banking institutions in Hong Kong with server-disabling attacks, threatening to take down their services unless they receive ransom payments, experts said on Thursday.
According to web security and performance firm Akamai, a group of cybercriminals known as DD4BC have been targeting websites in Asia and around the world with more than 100 distributed denial-of-service (DDoS) attacks since at least September 2014.