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Reddit Taps Fredrick ‘Flee’ Lee for CISO Job Reddit, the popular social media platform, has appointed cybersecurity veteran Fredrick Lee as its Chief Information Security Officer (CISO). This move comes as the company prepares for an Initial Public Offering (IPO) after securing over $1.3 billion in funding. As the CISO, Lee will oversee information security,…
Cybercrime Ransomware Gang Takes Credit for February Reddit Hack Background The Alphv/BlackCat ransomware gang has claimed responsibility for the cyberattack that targeted social media site, Reddit, in February 2023. Reddit confirmed the breach shortly after the attack, stating that it was the result of a sophisticated phishing attack in which an employee’s credentials and second-factor…