Here we have it, for some reason the bank has your personal details. Why? All the bank needs, in our model, is to know your Smart Card is on the security block chain. Once that is established, your card has already agreed to play the proper Red/Green rules; and that means the card already verifies its owner.
Tech Insider: Hackers have broken into a high-end European bank and are blackmailing its customers.
Customers of Valartis, a Chinese-owned Liechenstein bank, are being told by unknown blackmailers they must pay 10% of their life savings or face having account details sent to finance authorities and the media, German-language newspaper Bild reports.
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