Nameless hacker Phineas Fisher pays as much as $100,000 in crypto to hackers for leaking some damaging details about international high-profile companies. The bounty, referred to as the “Hacktivist Bug Looking Program” was revealed on Nov. 15 and targets huge firms together with Israeli spyware and adware vendor NSO Group and American oil firm Halliburton, as Vice reported on Nov. 17.

The thought of the brand new bounty is to pay different hackers who perform politically motivated hacks towards companies, which might result in the disclosure of paperwork within the public curiosity, in keeping with Vice. Different targets reportedly embody mining and livestock firms in South America.

Phineas Fisher pays hackers in Bitcoin or Monero

In a purported manifesto revealed on Friday, Phineas Fisher mentioned that he pays hackers in cryptocurrency equivalent to Bitcoin (BTC) or privacy-oriented coin Monero (XMR).

Phineas Fisher, who has by no means been recognized and could also be a person or a gaggle of hackers, reportedly said:

“Hacking to acquire and leak paperwork with public curiosity is likely one of the finest methods for hackers to make use of their talents to learn society […] I’m not making an attempt to make anybody wealthy. I’m simply making an attempt to supply sufficient funds in order that hackers could make a good dwelling doing a superb job.”

Anonymity of hacktivism raises main considerations

As reported by Vice, Phineas Fisher’s id has by no means been made public — even after an investigation into the well-known Hacking Staff hack. In 2015, Phineas Fisher took over the servers of the Hacking Staff, an Italian agency offering hacking and surveillance software program for police and firms, with a view to expose all the corporate’s secrets and techniques in a 400-gigabyte torrent file containing inside emails, information, and supply code. After an in depth investigation, Italian authorities reportedly mentioned that that they had no thought who Phineas Fisher was.

As Phineas Fisher has remained nameless since 2014 and lately introduced the controversial bounty, the anonymity of hacktivism has raised main considerations amongst nations to this point. Andrew Thompson, a supervisor on the cybersecurity agency FireEye, tweeted Nov. 17 that he has “zero p.c belief in something portrayed as hacktivism, which is nameless.”

On Nov. 14, Cointelegraph reported on an nameless group referred to as Unknown Fund, which plans to donate $75 million in Bitcoin to startups centered on anonymity and the safety of non-public information.

Read the original article here