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Hackers demand $4.5 million and API price reversal from Reddit | Engadget (www.engadget.com)

submitted 1 year ago by ReclamationCrafts@kbin.social to c/RedditMigration@kbin.social

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

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[–] goetzit@lemmy.world 1 points 1 year ago (2 children)

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?

[–] some_guy@kbin.social 5 points 1 year ago

You don’t hear about the times it worked. That’s kind of the point of blackmail.

[–] Geometric7792@kbin.social 1 points 1 year ago

Why would you see a headline about them paying out? The entire point is to pay so that nobody knows it happened.