Hackers steal open source project’s code, demand $50,000 ransom

Hackers steal open source project's code, demand ,000 ransom

Source: Bleeping Computer

Summary

The open source project, Fosshub, reported that hackers stole its codebase and demanded a $50,000 ransom in exchange for not releasing the source code publicly. The project’s maintainers refused to pay, and the hackers published the code on a dark web forum. Fosshub is a platform that hosts open source software and provides a download mirror for various projects.


Our Reading

The announcement sounds ambitious.

Fosshub got hacked, and hackers stole its codebase. They demanded $50,000 to keep the code private. The project refused to pay, and the hackers published the code. Another day, another “security incident.” The real innovation here is the hackers’ business model.


Author: Evan Null