In 2017, Netflix became one of the many companies to suffer a security breach. A group of hackers known as “thedarkoverlord” had gained access to the then-unreleased series of hit show “Orange is the New Black” and threatened to release it online unless Netflix paid a substantial ransom fee. Although the breach threatened to damage Netflix’s credibility, the company decided not to pay the ransom and were ultimately vindicated.

Netflix was able to refuse the hackers’ demands for a number of reasons. Firstly, the majority of subscribers would rather simply wait a few weeks until the official release instead of visiting illegal torrent sites in order to download the leaked episodes.…