Walt Disney CEO Bob Iger revealed Monday that hackers are claiming to have access to an upcoming Disney film and is threatening to release it unless the studio pays an undisclosed ransom. While Iger did not release the name of the film that was stolen, the chances that the film is either Pirates of the Caribbean or Cars 3 as they are the two upcoming Disney releases. The studio is working with federal investigators. Iger also stated that the hackers demanded that a huge sum be paid in Bitcoin. They said they would release five minutes of the film at first, and then in 20-minute chunks until their financial demands are met.
The ransom demand of Disney comes a few weeks after a hacker uploaded 10 episodes of the upcoming season of Orange Is the New Black to The Pirate Bay after Netflix refused to pay an undisclosed amount. The episodes were posted on Pirate Bay six weeks ahead of the series’ official June 9 launch.