On December 29, 2020, a group of hackers known as Spiderz hacked “Hezbollah’s bank.” What are the consequences for the “bank,” its clients and Lebanon’s financial sector?
The ballooning banking crisis is set to become even more complicated this year, with the recapitalization requirements for banks unlikely to bring any avail to Lebanese depositors.
It is the Corona stage of the Lebanese collapse. Corona’s service in the context of this collapse is in full swing, and in fact this epidemic has included us under other afflicted societies, after we’d been alone on a decline.
