Security News > 2023 > June > The Week in Ransomware - June 23rd 2023 - The Reddit Files
It was a relatively quiet week regarding ransomware news, with the BlackCat ransomware gang extorting Reddit and the ongoing MOVEit Transfer data breaches being the main focus.
In an update on the BlackCat data leak site, the threat actors claim they stole 80 GB of compressed data during the attack and now plan on leaking the data after they say Reddit ignored a $4.5 million ransom demand.
Regarding the MOVEit data breaches, the situation has escalated with the US government issuing an up to $10 million reward for information on the Clop ransomware operation being linked to a foreign government after it was revealed they breached numerous federal agencies.
The U.S. State Department's Rewards for Justice program announced up to a $10 million bounty yesterday for information linking the Clop ransomware attacks to a foreign government.
The BlackCat ransomware gang is behind a February cyberattack on Reddit, where the threat actors claim to have stolen 80GB of data from the company.
June 19th 2023 Iowa's largest school district confirms ransomware attack, data theft.