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Hackers threaten to leak stolen Reddit data if company doesn’t pay US$4.5 million

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Hackers from the BlackCat ransomware gang, also known as ALPHV, are threatening to leak 80 gigabytes of confidential data from Reddit that they claim to have stolen during a February breach, according to a post from the group on the dark web, which was reviewed by CNN and an independent cybersecurity expert.

In their post, the hackers claim they first demanded a US$4.5 million payout “for the deletion of the data and our silence” in April. After receiving no response, the group said it followed up on Friday with an additional demand: Reddit should withdraw a controversial new pricing policy that has sparked a protest from some of the platform’s most influential users.

A Reddit spokesperson confirmed to CNN on Monday that BlackCat’s post relates to the February incident. The spokesperson reiterated that no user data was accessed, but declined to comment beyond that.

 

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