December 12, 2023 at 10:05AM
Cloud engineer Miklos Daniel Brody was sentenced to two years in prison and ordered to pay $529,000 in restitution for wiping his former employer’s code repositories, First Republic Bank. The bank, with over 7,000 employees and $6.75 billion in annual revenue, closed on May 1, 2023, and was sold to JPMorgan Chase. Brody’s actions included deleting code, running malicious scripts, and impersonating colleagues. He also pleaded guilty to lying about a stolen laptop and violating the Computer Fraud and Abuse Act.
Meeting Takeaways:
– Miklos Daniel Brody, a cloud engineer, was sentenced to two years in prison and ordered to pay $529,000 in restitution for his actions against his former employer, First Republic Bank (FRB). The damages caused by his actions were estimated to be above $220,000.
– Brody’s employment was terminated on March 11, 2020, from FRB in San Francisco, due to violations of company policies, including connecting a USB drive with pornography to company computers.
– Following his dismissal, Brody used his still-valid account to access the bank’s computer network and performed various damaging actions, including deleting code repositories, running a malicious script, and impersonating other bank employees.
– Brody also falsely reported to the San Francisco Police Department that the FRB-issued laptop had been stolen from his car and maintained this story when interviewed by United States Secret Service agents.
– Brody pleaded guilty to lying about the laptop and to two charges concerning violation of the Computer Fraud and Abuse Act and will serve three years of supervised release in addition to his two-year prison term and restitution payment.
– First Republic Bank, with over seven thousand employees and an annual revenue of $6.75 billion, ceased operations on May 1, 2023, and was sold to JPMorgan Chase.