January 29, 2024 at 11:12AM
Canadian cybercriminal Matthew Philbert, 33, was sentenced to two years in prison for ransomware and cyberattacks against Canadian businesses, government entities, and individuals. He launched attacks on over 1,000 entities, using phishing emails and receiving Bitcoin payments. Philbert’s actions could have impacted medical services and he provided stolen credentials to third parties.
Key takeaways from the meeting notes:
1. Matthew Philbert, a Canadian man from Ottawa, Ontario, involved in ransomware and other cyberattacks, was recently sentenced to two years in prison.
2. Philbert was charged with fraud, computer intrusions, and intent to perform computer intrusions, and the US Department of Justice also announced charges against him.
3. Philbert’s cyberattacks could have impacted medical care and treatment of individuals.
4. He admitted to launching cyberattacks targeting over 1,000 entities and is recognized as the “most prolific cybercriminal” in Canada.
5. Philbert’s modus operandi involved phishing emails and malware to gain control over victims’ machines and received payments in Bitcoin from ransomware attacks.
6. Philbert is estimated to have caused losses of just over $49,000, but most victims did not lose money.
7. His activities also involved providing stolen credentials to third parties.
These are the summarized takeaways from the provided meeting notes.