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:
- Hackers race to use Flash exploit before vulnerable systems are patched
October 20, 2017
Hackers are rushing to exploit a zero-day Flash vulnerability to plant surveillance software before organisations have time to update their systems to patch the weakness. Uncovered by researchers at Kaspersky Lab on Monday, the CVE-2017-11292 Adobe Flash vulnerability allows attackers to deploy a vulnerability which can lead to code execution on Windows, Mac, Linux, and Chrome OS systems. The exploit enables ...
- Hackers Take Aim at SSH Keys in New Attacks
October 19, 2017
SSH private keys are being targeted by hackers who have stepped up their scanning of thousands of servers hosting WordPress websites in search of private keys. Since Monday, security researchers said they have observed a single entity scanning as many as 25,000 systems a day seeking vulnerable SSH keys to be used to compromise websites. “What ...
- Data breach hits 30m South Africans
October 18, 2017
The personal information of about 30 million South Africans has been compromised. This was revealed by Australian-based IT security researcher Troy Hunt. He created the Have I been pwned? platform as a free resource for anyone to quickly assess if they may have been put at risk due to an online account of theirs having been compromised or “pwned” in a data breach. Following the ...
- Dangerous Malware Allows Anyone to Empty ATMs—And It’s On Sale!
October 17, 2017
Hacking ATM is now easier than ever before. Usually, hackers exploit hardware and software vulnerabilities to hack ATMs and force them to spit out cash, but now anyone can simply buy a malware to steal millions in cash from ATMs. Hackers are selling ready-made ATM malware on an underground hacking forum that anybody can simply buy for ...
- How A Drive-by Download Attack Locked Down Entire City for 4 Days
October 16, 2017
We don’t really know the pain and cost of a downtime event unless we are directly touched. Be it a flood, electrical failure, ransomware attack or other broad geographic events; we don’t know what it is really like to have to restore IT infrastructure unless we have had to do it ourselves. We look at other people’s ...
- Cyberespionage Group Steps Up Campaigns Against Japanese Firms
October 14, 2017
Researchers are learning more about the cyberespionage group Bronze Butler. While the gang has been targeting Japanese heavy industry since 2012, not much is known about the group’s current modus operandi. In a report released Thursday by the Counter Threat Unit at SecureWorks, a subsidiary of Dell Technologies, researchers paint the most complete picture yet of ...

