Skip to main content

Share story

Security

Fraudulent ransomware negotiator must go to prison for 70 months

Fraudulent ransomware negotiator must go to prison for 70 months Image: Primary
A former ransomware negotiator was sentenced Thursday to 70 months in prison for conspiring with the BlackCat cyber gang to extort victims and for conspiring with two other men to carry out additional attacks in 2023, the U.S. Department of Justice said. The 41-year-old Florida man worked for the incident response company DigitalMint but abused his position starting in April 2023 to share confidential negotiation strategies with BlackCat operators in exchange for money, according to court documents. U.S. Attorney for the Southern District of Florida Jason A. Reding Quinones said the defendant defrauded victims and passed their positions to criminals to squeeze more money from them. The man also allied with a 36-year-old from Texas and a 41-year-old from Georgia to distribute BlackCat ransomware between April and November 2023. After extorting about $1.2 million in Bitcoin from one victim, the three shared and laundered the proceeds. The defendant pleaded guilty in mid-April. The two co-conspirators were sentenced in May to 48 months each. Authorities seized assets worth $10 million, including digital currencies, cars, a food truck and a luxury fishing boat. A restitution hearing is set for Sept. 17.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from heise and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Products
AI Products

Tencent plans about $5 billion bond offering to help fund AI spending

Tencent told fixed-income investors Monday that a planned bond offering of about $5 billion would help finance AI-related capital expenditures, Bloomberg reported, citing people familiar with the matter. The offering would provide...

Products Security
Products Security

IonQ agrees to acquire Elisity for up to $1.3 billion in stock

Quantum computing firm IonQ has agreed to acquire Elisity for as much as $1.3 billion in an all-stock transaction, Bloomberg reported. The deal is intended to expand IonQ's cybersecurity platform to address dangers assisted by art...

Security
Security

CloudConnect CRM flaw reportedly allows data theft without a login

Attackers are exploiting a CloudConnect vulnerability to remotely access and steal customer data and internal business records without logging in, The Tech Edvocate reported. The flaw in the cloud platform, which businesses use to...

Science AI
Science AI

Researchers demonstrate AI detection of rabies in cell cultures

Researchers at the University of Surrey and the Animal and Plant Health Agency developed an AI workflow that detects rabies infection in cell cultures and measures antibody concentrations. In a study published in Scientific Report...