People seem to applaud this. But in reality, this is an attempt of making money in cost of the user privacy. So in the end, if Reddit does not pay, then the end users will pay for with their data being public. As a former Reddit user, I am not a fan of this, even if it makes Reddit look bad.
this post was submitted on 18 Jun 2023
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And what data should that be? A random username, created with a disposal email using a random password generated by firefox. Dont see how it has any value to anyone, even reddit.
So you think the entirety of Reddit is using random usernames, with disposal email and a random generated password via Firefox? Really? Is this what you say on every data breach that involves user data? Even if that was true, an account getting hacked would be bad. Even old accounts that are no longer used by their owner could be used to spread shit and no one knows who is hacked and not. This is valuable. But that's besides the point. According the article the passwords and accounts are safe.
Users have private discussions or any other stuff, including their real email address and who knows what else. This is bad. This is really bad for the end user. The hackers try to make money, just like any other data breach. Only CEOs would try to talk this good.
sophisticated and highly-targeted phishing attack
So, uh, an email?
Someone ordered pizza and it came with a promition code on a flashdrive.
The fact that the hackers have added revoking the API changes to their list of demands... 😂
Ethical hacking? 🤔
It would be ethical, if 4.5 million dollar money was not required.
Spez says that data is valuable, surely he'll be willing to pay a fair price for it!
Does not make it ethical, though. I hope he doesn't pay because I imagine DMs between admins and powermods are included in this data pack, and oh boy if those do get leaked it's not going to look good for either side.