U.S. cybersecurity experts plead guilty for ransomware attacks, face 20 years in prison each — group demanded up to $10 million from each victim

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Two former cybersecurity experts pled guilty to conspiracy to obstruct commerce by extortion and are set to be sentenced up to 20 years in prison each for attacking several U.S. companies with ransomware and holding their data hostage for up to $10 million. BleepingComputer reported that the two offenders were former employees of Sygnia and DigitalMint — cybersecurity incident response firms that help companies that have been affected by ransomware and other cyberattacks.

“These defendants used…



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U.S. cybersecurity experts plead guilty for ransomware attacks, face 20 years in prison each — group demanded up to $10 million from each victim


Two former cybersecurity experts pled guilty to conspiracy to obstruct commerce by extortion and are set to be sentenced up to 20 years in prison each for attacking several U.S. companies with ransomware and holding their data hostage for up to $10 million. BleepingComputer reported that the two offenders were former employees of Sygnia and DigitalMint — cybersecurity incident response firms that help companies that have been affected by ransomware and other cyberattacks.

“These defendants used…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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