Cybercriminals have successfully infiltrated Reddit’s servers, but the company has stated that the consequences were potentially mitigated due to the prompt action of an employee.
Reddit, a widely used platform for millions of internet users, serves as the hub for latest news, popular culture, and indulgence in speculative investment opportunities. This recognition has made Reddit a highly sought-after target for cybercriminals due to the valuable user data it possesses. Stolen user information can be used for extortion, accessing other systems, or sold on the dark web to the highest bidder.Read more