Leaked email shows HBO negotiating with hackers

Leaked email shows HBO negotiating with hackers. Hackers this week released an email from HBO in which the company expressed willingness to pay them $250,000 as part of a negotiation over data swiped from HBO's servers. The executive asked for a 1-week delay and said HBO was willing to make a "good faith" payment of $250,000, calling it a "bug bounty" reward for IT professionals rather than a ransom. HBO declined to comment. A person close to the investigation confirmed the authenticity of the email, but said it was an attempt to buy time and assess the situation. The same hackers have subsequently released two dumps of HBO material and demanded a multi-million dollar ransom. "They're being extorted. If it was a bug bounty, it'd be on the up and up." The first HBO hack became publicly known on July 31. But paying ransoms to hackers can be dangerous because it shows that being a bad-guy hacker is a good business, said cybersecurity expert Oren Falkowitz, CEO of Redwood City, California-based Area 1 Security.

Hackers this week released an email from HBO in which the company expressed willingness to pay them $250,000 as part of a negotiation over data swiped from HBO’s servers.

The July 27 email was sent by John Beyler, an HBO executive who thanked the hackers for “making us aware” of previously unknown security vulnerabilities. The executive asked for a 1-week delay and said HBO was willing to make a “good faith” payment of $250,000, calling it a “bug bounty” reward for IT professionals rather than a ransom.

HBO declined to comment. A person close to the investigation confirmed the authenticity of the email, but said it was an attempt to buy time and assess the situation. The same hackers have subsequently released two dumps of HBO material and demanded a multi-million dollar ransom.

HOW BAD IS THE HACK?

Whether or not HBO ever intended to follow through with its $250,000 offer, the email raised questions Friday among security professionals about the importance of the data and whether HBO’s reaction might encourage future attacks.

“It’s interesting that they’re spinning it as a bug bounty program,” said Pablo Garcia, CEO of FFRI North America, based in Aliso Viejo, California. “They’re being extorted. If it was a bug bounty, it’d be on the up and up.”

Beyler’s email to the hackers said the company was working “very hard” to review all the material they provided, and also trying to figure out a way to make a large transaction in bitcoin,…

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