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Variety reports a failed attempt of HBO to Offer a ‘Bug Bounty’ to hackers

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According to a report from a leaked memoby Variety, in response to the incident,HBO offered a reward of $250,000, a figure far from the HBO annual budget.

Cyber criminals claiming to have hacked television group HBO networks were demanding millions of dollars in ransom payments from thecompany while threatening to release more material.

The alleged hackers published a five-minute video letter toHBO chief Richard Plepler claiming to have “obtained valuable information” in a cyber attack. Cyber criminals said they had stolen 1.5 terabytes of data.

The author of the message dubbed himself “Mr. Smith,” confirmed his group obtained“highly confidential” documents and data, including scripts, contracts, and personnel files.

The crooks pretend to receive half of the group’s annual budget of$12million to$15million to stop leasing the files.

The hackers claim a longwork to compromise the company network, it took six months to break into the company systems, they also added to have...(continued)

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