Florida ransomware negotiator convicted for helping ransomware gang extort US companies


Florida man Angelo Martino has been sentenced to more than five years in prison for conspiring with hackers to deploy ransomware during his job as a ransomware negotiator for a U.S. cybersecurity company.

The U.S. Department of Justice confirmed the sentence on Thursday, noting that the government seized more than $10 million worth of cryptocurrency and assets. Martino allegedly bought these assets, which include a food truck and a luxury fishing boat, with money stolen in the hacks.

Read more…
Source:  TechCrunch News


Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox


Related:

  • Canada: RCMP confirms ‘alarming’ cyber event targeting its networks

    February 23, 2024

    The Royal Canadian Mounted Police confirmed to CTV News on Friday that it was dealing with a cyber event that targeted its networks, forcing it to launch a criminal investigation into the breach. “At this time, there is no impact on RCMP operations and no known threat to the safety and security of Canadians,” RCMP media ...

  • China’s top anti-espionage authority warns of secret leaks through smart wearable devices

    February 23, 2024

    China’s top anti-espionage authority warned on Friday that various smart wearable devices may become “cyber spies” used by foreign intelligence agencies to carry out espionage activities, posing a threat to national security. The Ministry of State Security (MSS) said on its official WeChat account on Friday that when smart wearable devices are connected to smartphones via ...

  • Malawi: Cyber-attack hits immigration service

    February 22, 2024

    Malawi’s government has suspended the issuing of passports following a cyber-attack on the immigration service’s computer network. President Lazarus Chakwera told MPs that the targeting of the department amounted to a “serious national security breach”. He revealed that the hackers were asking for a ransom. But the president said the government would not give in to ...

  • Australia: OAIC to investigate legal consultant’s data breach

    February 21, 2024

    The Australian Information Commissioner has launched an investigation into a law firm that provides legal and consulting services to the government, in relation to a data breach and the publication of some of that data on the dark web. At least 65 government entities were affected by the breach last year. The announcement on Wednesday follows ...

  • Europol: Tips & advice to prevent ransomware from infecting your electronic devices

    February 21, 2024

    Ransomware is a type of malware that locks your computer and mobile devices or encrypts your electronic files, demanding a ransom payment through certain online payment methods (and by an established deadline) in order to regain control of your data. It can be downloaded through fake application updates or by visiting compromised websites. It can also ...

  • Sharp rise in cyber attacks at UK law firms as hackers eye sensitive data

    February 21, 2024

    The number of reported cyber attacks on UK law firms has increased 36 per cent over the past year. According to data by speciality reinsurance group Chaucer, there were 166 reported cyber breaches in 2021/22, this number jumped to 226 for 2022/23 (as of 30 September). Chaucer says that the large number of attacks against law ...