February 8, 2024 at 09:08AM
Cybersecurity researcher and associate charged in California for allegedly defrauding a tech company (most likely Apple) of $2.5 million. They gained access to Apple’s systems via a third-party contractor, ordering gift cards and hardware and selling them to third parties. An unsealed court indictment points to the defendants’ involvement. The defendants’ previous ethical research was acknowledged by Apple in a rare turn of events.
Based on the meeting notes provided, it appears that a cybersecurity researcher and his associate have been accused of defrauding a company, likely Apple, of $2.5 million and $100,000 respectively. They allegedly gained access to Apple’s systems via a third-party contractor and ordered gift cards and hardware valued at $2.5 million and $100,000. The stolen goods were then reportedly sold to third parties, leading to fraudulent activity. The accused individuals were able to manipulate orders and access various Apple backend systems to carry out the scam. Additionally, it is noted that the security researcher, one of the accused individuals, was recognized by Apple for reporting cybersecurity vulnerabilities, which is an ironic aspect of this case.
If you need further analysis or specific details from the meeting notes, please let me know.