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HBO is trying to get $250,000 in bitcoin to pay hackers who stole Game of Thrones scripts

HBO is trying to get $250,000 in bitcoin to pay hackers who stole Game of Thrones scripts

Bounty Payment

Accordingly, two news outlets, the HBO company has leaked an email showing that executive offering $250000 as a “bounty payment” for those who stole scripts from Game of Thrones.

Last week, a data breach at HBO reports that ahead of Sunday’s episodes were leaked online. A group or a hacker called “Mr. Smith” claim responsibility for having around 1.5 terabytes of data from HBO.

The hackers were demanding money worth of six months of their income. They were insisting between $12 to $15 million from stealing intellectual property and extorting companies.

July 27, the message from an executive said the company has been “working hard”.  Even though, from July 23 hackers were ask to extend their ransom deadline before making an offer.

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According to the Hollywood Reporter, an email recites, “As a show of good faith on our side, we are willing to commit to making a bug bounty payment of $250,000 to you as soon as we can establish the necessary account and acquire Bitcoin”.

Assortments say that it was confirmes the integrity of the email.

It is not an easy to acquire $250000 since it is time-consuming.  Similarly, it was the reason HBO execution states publications chose not to name and asks for a deadline extension.

Alternately of referring to a ransom they have used the term “bug bounty payment” as the executive has to choose their words carefully. This aspect refers to a reward paid by a company to good hackers for bugging the flaws in the system. Many technology companies have bug bounty programs in which they reward good hackers for finding security holes.

There is no response to a request for a comment when contacted by CNBC.

Image Source : Game of Thrones

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.