Disney boss Bob Iger has said the mass media giant is being targeted by hackers who are trying to extort money Attack.Ransom from the firm by threatening to release a film they claim to have stolen Attack.Databreach . The CEO of the entertainment behemoth told ABC employees of the stand-off at a town hall meeting in New York , multiple sources told The Hollywood Reporter . The hackers are said to have demanded Attack.Ransom a substantial payment Attack.Ransom in Bitcoin , and threatened to release five minutes of the unnamed film and then subsequent 20-minute chunks if their demands Attack.Ransom aren ’ t met . There are rumors circulating that the film in question could be upcoming blockbuster Pirates of the Caribbean : Dead Men Tell No Tales , although the hackers are running out of time if so as it ’ s due to open next Friday . The news calls to mind a similar incident last month when a hacker uploaded the upcoming series of Netflix prison drama Orange is the New Black to The Pirate Bay after the streaming giant refused to pay up Attack.Ransom . In that instance , Netflix claimed that “ a production vendor used by several major TV studios had its security compromised ” , highlighting the need for organizations in the entertainment sector to revisit their cyber-defenses and those of their partners . Mark James , security specialist at Eset , argued that anything of high value will be a target for thieves , be it digital or physical . “ Disney has refused to pay the ransom Attack.Ransom and rightly so . If you ’ re going to download the film from an unofficial or dodgy source anyway then a month before or a month after is not going to make much of a difference , ” he added . `` The film industry has been plagued with piracy issues as early as the 1960s and this is n't going to change anytime soon . Paying the ransom Attack.Ransom or indeed any ransom Attack.Ransom is generally frowned upon for many reasons . Funding other criminal activity , rewarding the bad guys or funding future attacks are all good reasons to not pay as the chances are it ’ s going to get released anyway . ”