Hackers threaten to leak Reddit data

 

The BlackCat ransomware group is threatening to release confidential stolen data from Reddit unless the company pays a $4.5M ransom and reverses its API price hikes.  BlackCat, also known as Alphv, claims to have obtained 80 gigabytes of compressed data during a February breach of Reddit's system. The February phishing attack granted hackers access to Reddit's internal documents, codes, dashboards, and business systems. Personal user data was not publicly exposed. The demands come after widespread protests against the API price hikes, which are expected to cause popular third-party apps such as Apollo and Narwhal to shut down. Reddit CEO Steve Huffman has defended the proposed changes, saying the platform was not designed to support third-party apps. Meanwhile, some advertisers temporarily paused their campaigns on the site during the protests. In May, Alphv/BlackCat claimed responsibility for cyberattacks on Western Digital and Constellation Software, a Canadian software company.