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What do you think of the reddit hack that supposedly happened? (www.forbes.com)

submitted 2 years ago* (last edited 2 years ago) by Phoeniqz to c/[email protected]

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[–] [email protected] 1 points 2 years ago

Whether or not Reddit pays, we should assume the data will make its way into the hands of people who (further) weaponize it against Reddit's users

It likely already has. No honor amongst thieves. That being said, I don't think they accessed any user data in the breach.

If Reddit knew about the breach earlier and didn't do their due diligence to alert users, then that's further condemnation of their leadership and priorities, but it doesn't undo the damage this might cause users.

This would also be illegal under California state law, but I don't think they would've done something that stupid. There are also exceptions, i.e if there was an active police investigation into the breach and it was determined that making the announcement could impede that investigation. I know this all happened in February though, and again I don't think they would've been that dumb, since even back then I'm sure the IPO was front and center at Reddit HQ.

Reddit confirmed the hack on Feb 9th 2023, and they were filing with the SEC all the way back in Dec 2021.