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	<title>canada &#8211; Martijn Grooten</title>
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		<title>Why the ransom demand on Canadian banks was a no-win scenario</title>
		<link>/2018/05/31/why-the-ransom-demand-on-canadian-banks-was-a-no-win-scenario/</link>
					<comments>/2018/05/31/why-the-ransom-demand-on-canadian-banks-was-a-no-win-scenario/#respond</comments>
		
		<dc:creator><![CDATA[Martijn]]></dc:creator>
		<pubDate>Thu, 31 May 2018 09:47:04 +0000</pubDate>
				<category><![CDATA[Security]]></category>
		<category><![CDATA[bank of montreal]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[hack]]></category>
		<category><![CDATA[payment source]]></category>
		<category><![CDATA[ransom]]></category>
		<category><![CDATA[simplii financial]]></category>
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					<description><![CDATA[Two major Canadian banks, Bank of Montreal and Simplii Financial, have become victims of hacks that affected some 50,000 and 40,000 customers respectively. Neither bank decided to pay the ransom by the hackers&#8217; May 28 deadline. Read more on Payment Source. (Note: subscription wall.)]]></description>
										<content:encoded><![CDATA[<p>Two major Canadian banks, Bank of Montreal and Simplii Financial, have become victims of hacks that affected some 50,000 and 40,000 customers respectively. Neither bank decided to pay the ransom by the hackers&#8217; May 28 deadline.<br />
Read more on <a href="https://www.paymentssource.com/news/why-the-ransom-demand-on-canadian-banks-was-a-no-win-scenario">Payment Source</a>. (Note: subscription wall.)</p>
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