The criminal group behind the February Reddit hack is now demanding $4.5 million and the dropping of API changes, or the stolen data will be published.
Not about embarrassment, it’d be about devaluing the company that oh-so-desperately wants to puff up its value on the way to an IPO. Every little ding in Reddit’s reputation helps. If there’s a single scrap of easily memeable outrage bait in that 80GB, say a report from Reddit’s internal HR issuing a slap on the wrist to a still-active member of the board for sexual harassment, boom that’s another 3 weeks of bad press for Reddit.
Not about embarrassment, it’d be about devaluing the company that oh-so-desperately wants to puff up its value on the way to an IPO. Every little ding in Reddit’s reputation helps. If there’s a single scrap of easily memeable outrage bait in that 80GB, say a report from Reddit’s internal HR issuing a slap on the wrist to a still-active member of the board for sexual harassment, boom that’s another 3 weeks of bad press for Reddit.