Hackers steal Disney movie, demand ransom to be paid in Bitcoin

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TV and film studios are increasingly being targeted by hackers, and in the latest attack, hackers are threatening Disney studio to pay a ransom, lest they release their movie.

Hackers claim to have a copy of Disney’s upcoming ‘Pirates of the Caribbean: Dead Men Tell No Tales’ and are threatening to release it before the release date, if the studio didn’t pay their requested ransom.

The hackers are demanding “an enormous amount of money to be paid in Bitcoin”.

The hackers threatened to release the first five minutes of the film and subsequently in 20-minute chunks until the ransom is paid, says The Hollywood Reporter.

Although The Walt Disney Co. declined to comment, the studio is working with federal investigators and, as per several reports, will not pay the ransom.

Experts say that the number of extortion attempts in Hollywood will increase from here on.

In 2004, hackers attacked Sony Pictures and released embarrassing emails of their executives’, as the studio was preparing to release comedy “The Interview,” which involves a plot to assassinate North Korean leader Kim Jong-un. Although a hacker group claimed responsibility, there was rampant speculation that North Korea was involved.