Hackers Demand $1 Million Ransom in XRP for Stolen Bank Data

Hackers have demanded a $1 million ransom to be paid in Ripple (XRP) for stolen personal data of 90,000 Canadians.

They exploited the systems of two Canadian banks and threatened to release the user information unless their demands were met.

Hackers Exploit Bank Weaknesses

The hack was revealed on Monday by the multinational Bank of Montreal (BMO) and online bank Simplii Financial. Over the weekend, the banks were informed that personal information had been taken of a combined 90,000...

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