The train wreck next to a dumpster fire that is Reddit may become much worse shortly. I say that because a story has now surfaced that goes something like this:
Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand – and reverses its controversial API price hikes.
In a post on its dark web leak site, the BlackCat ransomware gang, also known as ALPHV, claims to have stolen 80 gigabytes of compressed data from Reddit during a February breach of the company’s systems.
Reddit spokesperson Gina Antonini declined to answer TechCrunch’s questions but confirmed that BlackCat’s claims relate to a cyber incident confirmed by Reddit on February 9. At the time, Reddit CTO Christopher Slowe, or KeyserSosa, said that hackers had accessed employee information and internal documents during a “highly-targeted” phishing attack. Slowe added that the company had “no evidence” that personal user data, such as passwords and accounts, had been stolen.
Reddit didn’t share any further details about the attack or who was behind it. However, BlackCat over the weekend claimed responsibility for the February intrusion and threatened to leak “confidential” data stolen during the breach. It’s unclear exactly what types of data the hackers have stolen, and BlackCat hasn’t shared any evidence of data theft.
If this is true, then Reddit really has a huge problem on its hands. Unlike their attempts to bully their user base, Reddit would have little to no leverage against these threat actors. So you have to wonder what Reddit CEO Steve Huffman would do. Would he cave and pay up as well as walk back the API changes? Or would he stand firm? That of course assumes that this claim by Black Cat is true.
I guess we’re about to find out.


Moneris Announces A New Self Service Kiosk Powered By UEAT
Posted in Commentary with tags Moneris on June 19, 2023 by itnerdMoneris is announcing a new self-serve kiosk rental service. The Moneris Kiosk powered by UEAT is new tool for small business to increase spend and efficiency. As a rental service it provides a faster and more affordable roll-out option for restaurants. The technology integrates Moneris’ payment technology and field services and UEAT’s world-class ordering service.
This product provides restaurants an efficient new option for having orders placed, reducing lines and wait times, increasing order accuracy and helping staff focus on getting orders out and on customer service. Some notable features include:
This is just another solution from Moneris to help small businesses succeed. Last month, they announced a new partnership with Wix to help provide an all-in-one ecommerce solution.
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