Disney CEO: Hackers demanding ransom for stolen movie

The Walt Disney Company is the latest high-profile target in a string of devastating extortion-based attacks worldwide, as CEO Bob Iger recently told ABC employees that unidentified hackers are demanding ransom for an unreleased movie they claim to have stolen from the entertainment titan. According to the Hollywood Reporter, the company has said it will not pay, and also declined to name the film that was stolen. The hackers have threatened to release the film’s first five minutes if they are not paid a large sum in bitcoin, and then release the rest of the movie in 20-minute chunks if the ransom remains unpaid. Disney is currently working with federal investigators but said it will wait for hackers to show evidence they have a copy of the movie before acting. Disney could not be reached for further comment. The company has multiple movies set to be released in the coming months, […]

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