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Hackers demanded Sh6.2m in bitcoins from NIC Bank
Alex Mutungi Mutuku (centre in grey hoodie) and Stanley Kimeu Mutua (left) in a Nairobi court where they denied hacking into NIC Bank’s database. PHOTO | FILE
Two computer experts accused of hacking into NIC Bank’s customer database demanded to be paid Sh6.2 million in bitcoins, a form of virtual currency that is traded online and has at times been used by criminals to launder illicit gains.
The two — who Wednesday denied charges of theft, attempted extortion and blackmail — are said to have threatened to publish confidential customer information that they had accessed by hacking into the bank’s systems.
