Reddit hacked, everything you need to know
➤Summary
Hundreds of company contacts, advertiser and employees data is stolen.
Reddit, one of the largest social media platforms, suffered a security breach on February 5th, in which threat actors were able to access internal documents and source code. The company confirmed that the attack was carried out through a spear-phishing attack.
Spear-phishing attacks are a type of cyber attack in which an attacker targets a specific organization or individual, using information obtained through social engineering tactics, such as email or instant messaging, to trick the target into revealing sensitive information or installing malware. In Reddit’s case, the attackers were able to gain access to sensitive information by tricking an employee into revealing login credentials.
Reddit reaction
In response to the breach, Reddit posted an official announcement on their website, detailing what they know about the attack and the steps they have taken to mitigate its impact. Here’s what it says:
What is important to retain is that Reddit confirms that “Exposure included limited contact information for (currently hundreds of) company contacts and employees (current and former), as well as limited advertiser information.”
Even though the company ensures that there’s no evidence that any user data has been accessed by the threat actors, many Reddit users are still concerned. The company, in their turn, proposes to use 2FA (two-factor authentification) for users to protect their accounts from the cyber criminals.
Many Reddit users are questioning why the employee who was targeted by the attackers did not use a password manager that would indicate domain difference. Additionally, some users are also questioning if Reddit invests enough in employee phishing training. Phishing training is an essential part of a comprehensive security awareness program, and it helps to educate employees on the tactics used by attackers to steal sensitive information and the steps they can take to protect themselves and their organizations from these types of attacks.
The Kaduu Team believes that once hackers obtain source code, it is more likely for them to find any vulnerabilities in the company’s systems that weren’t visible before. They also gain knowledge of internal processes and services. All of these rise security risks and chances of being hacked again.
If you liked this article, we advise you to read our previous article about Puma sportswear data breach. Follow us on Twitter and LinkedIn for more content.
Your data might already be exposed. Most companies find out too late. Let ’s change that. Trusted by 100+ security teams.
🚀Ask for a demo NOW →Q: What is dark web monitoring?
A: Dark web monitoring is the process of tracking your organization’s data on hidden networks to detect leaked or stolen information such as passwords, credentials, or sensitive files shared by cybercriminals.
Q: How does dark web monitoring work?
A: Dark web monitoring works by scanning hidden sites and forums in real time to detect mentions of your data, credentials, or company information before cybercriminals can exploit them.
Q: Why use dark web monitoring?
A: Because it alerts you early when your data appears on the dark web, helping prevent breaches, fraud, and reputational damage before they escalate.
Q: Who needs dark web monitoring services?
A: MSSP and any organization that handles sensitive data, valuable assets, or customer information from small businesses to large enterprises benefits from dark web monitoring.
Q: What does it mean if your information is on the dark web?
A: It means your personal or company data has been exposed or stolen and could be used for fraud, identity theft, or unauthorized access immediate action is needed to protect yourself.