Hackers Demand $4.5 Million From Reddit, Threaten Data Leak If Demands Aren't Met

Reddit was hacked by the BlackCat ransomware gang in February but claims no user data was stolen.
BlackCat is demanding $4.5 million and policy changes from Reddit in exchange for not releasing 80GB of stolen data.
BlackCat threatened to release the data after Reddit did not respond to initial ransom demands.
The attack comes as Reddit faces backlash over new API pricing policies.
Experts are skeptical BlackCat will actually release the data but believe the threats are meant to cause further harm to Reddit.