Ransomware gang BlackCat is likely behind a February attack on the company..

Ransomware gang BlackCat is likely behind a February attack on the company…

    • Singletona@kbin.social
      681·
      2 years ago

      Yea that’s my takeaway here. To the point given how u/spez has behaved it wouldn’t surprise me if he hired these guys to ‘hack’ him specifically to smear protests.

      Then again I’m paranoid so what do I know?

          • LUHG@lemmy.world
            7·
            2 years ago

            The hack happened February, 15th June 2023 by pesky Reddit hackers. /u/spez probably.

        • Zuberi@kbin.social
          6·
          2 years ago

          Correct. They said they would hold on to the info and wait for reddit’s IPO.

          The info must have informed them that reddit is intentionally tanking to take down gme subreddits.

          They know releasing it into their IPO will tank the company so thd threat now of all times makes sense.

        • sensibilidades@kbin.social
          11·
          2 years ago

          they’re just being opportunistic and sense that this is Reddit’s weakest moment, short of an eventual (assuming that even happens now) IPO

        • esc27@kbin.social
          10·
          2 years ago

          That would require a degree of cleverness and intelligence that, as of yet, has not been demonstrated by the Reddit administration.

      • FlowVoid@kbin.social
        8·
        2 years ago

        /u/spez isn’t trying to win a popularity contest, he is trying to maximize his $$$ from the upcoming IPO. Even if it succeeded in smearing protestors, a self-hack isn’t going to help him there at all. In fact quite the opposite, since it saddles Reddit investors with more potential liabilities.

        • the_inebriati@lemmy.world
          10·
          2 years ago

          I don’t necessarily disagree with your logic, but if I was a CEO trying to take a company public I wouldn’t loudly and publicly talk about how unprofitable the company was either (on the AMA).

          Every day is a surprise.

  • sharpiemarker@feddit.de
    37·
    2 years ago

    File that under “things that will never happen.” Reddit is not going to reverse course. Period. So the data will be released and that will be the end of it.

    • mac12m99@kbin.social
      5·
      2 years ago

      I don’t think that will be the end of reddit, a lot of platform that had data breaches is still there (with a lot worse reputation, but still there).

      May be one more decline factor.

      • kokoapadoa@kbin.social
        12·
        2 years ago

        I think “end of it” refers to this particular situation, not of Reddit as a whole. Reddit may die from the API changes, but it will have nothing to do with this hack.

      • sharpiemarker@feddit.de
        4·
        2 years ago

        I didn’t say that it would be the end of Reddit.

        I said that would be the end of it. As in, the end discussion around releasing this hacked data.

  • seacocker@lemmy.world
    31·
    2 years ago
    1. They’ll not roll back the api pricing
    2. Our data will be what is leaked.

    I don’t see how this helps anything.

    • dontshoveit
      3·
      2 years ago

      Agreed. Hell I don’t think they’ll even cough up 4.5m either.

    • macniel@feddit.de
      2·
      2 years ago

      why? The monolithic nature of Reddit is pretty much the problem; u/spez malice and incompetence is only a symptom.

  • hawdini@kbin.social
    3·
    2 years ago

    BlackCat announced it would delete the information if Reddit gives it $4.5 million and reverses API price increases.

    Now, unlike Christian Selig asking for $10 million to essentially sell Apollo to Reddit, this actually is a threat. Let’s see what Steve Huffman’s response to this is…

  • resonancewright@fedia.io
    3·
    2 years ago

    If nothing of consequence is released, I’ll pay a little more credence to the theories that this is an inside job meant to discredit the opposition. If OTOH the data does show a disturbing level of detail being collected on users, and it exposes Reddit’s secret shadowbanning and deboosting of folks it doesn’t like, it’s going to empower the resistance like nothing else that’s happened yet. Spez is arguably in the self own business but this would take it to brand new heights.

    People HATE that deboosting shit. People HATE the idea that the corps track this data to try and get inside your head and see how you think and act, so they can better influence it to their own ends. And right now, it’s no longer really about an app as it is, it’s all about meta. This will be gasoline on the fire.

    • CoWizard@kbin.social
      2·
      2 years ago

      People HATE that deboosting shit. People HATE the idea that the corps track this data to try and get inside your head and see how you think and act, so they can better influence it to their own ends. And right now, it’s no longer really about an app as it is, it’s all about meta. This will be gasoline on the fire.

      TicTok is still very popular

  • goetzit@lemmy.world
    2·
    2 years ago

    Seeing this has made me curious, are there any cases like this where a hacker/hacker group has demanded millions of dollars to not leak info, and the company being blackmailed has actually paid out?

    I feel like every once and a while you see a headline about hackers “demanding” x amount of money, and it never seems its going to work, but it must have worked at some point for so many people to try it, right?