U.K. Hacker Charged in $3.75 Million Insider Trading Scheme Using Hacked Executive Emails

The U.S. Department of Justice DoJ has charged a 39-year-old U.K. national for perpetrating a hack-to-trade fraud scheme that netted him nearly $3.75 million in illegal profits. Robert Westbrook of London was arrested last week and is expected to be extradited to the U.S. to face charges related ...

SEC Charges 8 Social Media Influencers Over Securities Fraud

By Habiba Rashid According to the SEC, the accused used Twitter and Discord to carry out a securities fraud scheme, garnering approximately $114 million from it. This is a post from HackRead.com Read the original post: SEC Charges 8 Social Media Influencers Over Securities Fraud...

CEO of NS8 Charged with Securities Fraud

The founder and CEO of the Internet security company NS8 has been arrested and "charged in a Complaint in Manhattan federal court with securities fraud, fraud in the offer and sale of securities, and wire fraud." I admit that Ive never even heard of the company before...

Three Chinese Hackers Fined $9 Million for Stealing Trade Secrets

Hackers won't be spared. Three Chinese hackers have been ordered to pay $8.8 million £6.8 million after hacking email servers of two major New York-based law firms to steal corporate merger plans in December 2016 and used them to trade stocks. The U.S. District Judge Valerie Caproni in Manhattan...

Hack That Fueled Insider Trading Ring Netted $100M

Hackers based in Ukraine and Russia allegedly broke into servers belonging to several newswires and passed sensitive information onto an underground trading ring as part of what’s being referred to as an unprecedented new level of insider trading. Prosecutors claimed Tuesday that corporate...

Alleged Russian Cybercriminal Extradited to U.S.

Vladimir Zdorovenin, an alleged prolific Russian cybercriminal, has arrived in New York City following his arrest and subsequent extradition by Swiss authorities. The FBI had been working to find and extradite Zdorovenin for several years. Originally indicted under seal in May 2007, the 54-year-o...