Russian hackers made millions by stealing SEC earning reports

A Russian national working for a cybersecurity company has been extradited to the U.S. where he is being charged for hacking into computer networks of two U.S.-based filing agents used by multiple companies to file quarterly and annual earnings through the Securities and Exchange Commissions (SEC) system.

Along with other conspirators, the individual made millions of U.S. dollars by trading on the material non-public information (MNPI) stolen from the two filings agents.

Stolen creds used for access
In a press release on Monday, the Department of Justice announced that 41-year old Vladislav Klyushin has been extradited to the U.S. from Switzerland, where he had been arrested on March 21.

Read more…
Source: Bleeping Computer