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16 May 2017, 09:32 | Ignacio Smith
Where be the Bitcoins?Image Disney Enterprises Inc
The latest movies in the Disney franchises "Pirates of the Caribbean" and "Cars" are set to hit the big screen this summer, but Disney CEO Bob Iger is reportedly warning that hackers are holding an unreleased Disney film for ransom, to be paid in Bitcoin.
Iger made the comments Monday in a town-hall meeting with ABC staff before the network's fall season presentation to advertisers Tuesday in NY.
The hackers have threatened to release the entire title in five minute snippets. and could follow through after Iger vowed Disney would not pay.
Disney's upcoming Johnny Depp film Pirates Of The Caribbean: Dead Men Tell No Tales has been hijacked by hackers seeking payment from the studio as a ransom. The publications said that Disney is working with federal authorities to investigate the matter.
In 2014 hackers paralysed Sony Pictures and demanded the studio cancel distribution of The Interview, a comedy about a plot to assassinate North Korea's leader, Kim Jong-un. However, an online chatter tipped that the rumor was a hoax. Now there has been a shift with the advent of ransomware so (these companies) are getting demands to pay for their own IP. As a result, they uploaded and posted the episodes on Pirate Bay six weeks before the official launching of the TV series on June 9. FOX, IFC, NAT GEO, and ABC. We're not playing any games anymore, tweeted the entity behind the username thedarkoverload. "At least a half-dozen extortion attempts" against Hollywood firms have occurred in the last six months, according to a report last week by The Hollywood Reporter, citing unnamed sources. "Of course, the individual victim must weigh their options".
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