A Google security engineer was charged with insider trading after winning $1.2 million using confidential company data to place bets on the cryptocurrency-based Polymarket decentralized prediction market. […]
Tag: charged
AI, Data Breaches, Global Security News, Government & Policy, Risk Management
Google security engineer accused of turning confidential search trends into $1.2M win on Polymarket
A Google security engineer was arrested in New York and charged with crimes related to bets he allegedly placed on Polymarket using confidential information he pulled from Google systems, the Justice Department said Wednesday. Michele Spagnuolo, a 36-year-old Italian citizen who lives in Switzerland, is accused of placing multiple trades on the prediction marketplace last…
Global Security News
Suspected KimWolf botnet admin arrested over DDoS-for-hire operation
U.S. and Canadian authorities arrested and charged a Canadian man accused of operating the KimWolf DDoS botnet, a service linked to attacks that infected more than one million devices worldwide. Jacob Butler, 23, of Ottawa, Canada, also known online as “Dort,” was arrested in Canada under an extradition warrant after U.S. prosecutors charged him with…
Global Security News
US and Canada arrest and charge suspected Kimwolf botnet admin
U.S. and Canadian authorities arrested and charged a Canadian man with operating the KimWolf distributed denial-of-service (DDoS) botnet, which infected nearly two million devices worldwide. […]
AI, Global Security News
US Busts Myanmar Ring Targeting US Citizens in Financial Fraud
Some 29 people were charged, including a Cambodian senator, and authorities seized more than 500 Web domains tied to fake investment sites.
Global Security News
Hacker stripped more than $50 million from Uranium crypto exchange, spent it on trading cards
US prosecutors have charged a Maryland man in connection with two hacks of the Uranium Finance cryptocurrency exchange that led to losses exceeding $50 million. Jonathan Spalletta, also known as “Cthulhon” and “Jspalletta,” is accused of abusing vulnerabilities in Uranium Finance smart contracts to siphon assets from the platform. If convicted, he could face up…
Global Security News
Hacker charged with stealing $53 million from Uranium crypto exchange
U.S. prosecutors have charged a Maryland man with stealing more than $53 million after hacking the Uranium Finance crypto exchange twice and laundering the proceeds through a cryptocurrency mixer. […]
Global Security News
US charges another ransomware negotiator linked to BlackCat attacks
The U.S. Department of Justice charged another former DigitalMint employee for his involvement in an insider scheme in which ransomware negotiators secretly partnered with the BlackCat (ALPHV) ransomware operation. […]
AI, Data Breaches, Global Security News
Teenagers charged over public bike service breach that exposed 4.62 million records
Two South Korean teenagers have been charged in connection with a cyberattack that compromised the personal data of 4.62 million users of Seoul’s public bike service, Ttareungyi. The compromised data included user IDs, mobile phone numbers, addresses, dates of birth, gender, and weight. According to the Cyber Investigation Unit of the Seoul Metropolitan Police Agency,…
AI, data breach, Data Breaches, Data loss, Global Security News, Guest blog, Law & order
Polish hacker charged seven years after massive Morele.net data breach
A 29-year-old Polish man has been charged in connection with a data breach that exposed the personal details of around 2.5 million customers of the popular Polish e-commerce website Morele.net. Read more in my article on the Hot for Security blog.
AI, Cybercrime, Department of Justice (DOJ), Exploits, Global Security News, Justice Department, Network Security, The Com
Alleged 764 member arrested, charged with CSAM possession in New York
A 23-year-old New York man allegedly affiliated with 764 was arrested and charged with receiving child sexual abuse material. Aaron Corey of Albany, N.Y., faces up to 20 years in prison for trafficking CSAM during a three-month period ending in December. Corey, also known as “Baggeth,” is accused of running multiple 764-related chats, seeking CSAM…