Hackers Threatened to Leak 80GB of Data Allegedly Stolen From Reddit in February

An independent cybersecurity expert and CNN reviewed a post from the BlackCat ransomware gang, also known as ALPHV. The post said the group had stolen 80 gigabytes of confidential data from Reddit during a February breach and claimed to have accessed it. A cyber-security expert and CNN examined the dark web post, and the group claimed it had stolen 80 gigabytes. 

A hacker group in Russia is threatening to release Reddit data if it doesn’t pay a ransom demand – as well as reverse the controversial API pricing increases. 

According to the hackers, they demand a ransom of $4.5 million and an API price hike from the company. This is if they hope to prevent data release, which was hacked. 

It appears that phishing attacks allow threat actors to gain access to the company’s systems to steal internal documents, source code, employee data, and a limited amount of information about Reddit’s advertising partners. 

Reddit spokesperson confirmed that “BlackCat’s claims refer to a cyber incident that Reddit confirmed on February 9 as related to BlackCat’s claims”. During a high-targeted phishing attack carried out at the incident, hackers accessed information about employees and internal documents.&

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.