TLDR · BIG TECH & STARTUPS

REDDIT HACKERS DEMAND $4.5 MILLION RANSOM AND API PRICING CHANGES

theverge.com1 min read

Summary from the TLDR newsletter

A ransomware group that claimed responsibility for a hack on Reddit's systems earlier this year is demanding money and policy changes. BlackCat claims to have stolen 80GB of data from Reddit. It wants a $4.5 million payout and for Reddit to roll back its planned API pricing changes in exchange for the data. The attack occurred in February. Reddit says that the hackers hadn't accessed private user data.