January 31, 2024 at 07:42AM
Two individuals, Nathan Austad and Kamerin Stokes, have been indicted for their involvement in a cyberattack on a fantasy sports and betting website. They accessed and compromised approximately 60,000 user accounts through credential stuffing, stealing around $600,000 in total. They face up to 20 years in prison if found guilty.
After reviewing the meeting notes, the key takeaways are:
– Two individuals, Nathan Austad and Kamerin Stokes, have been indicted for their involvement in a credential stuffing attack that led to unauthorized access to thousands of user accounts at a fantasy sports and betting website.
– The individuals allegedly obtained usernames and passwords from other data breaches and attempted to sell access to the compromised accounts.
– A third co-conspirator, Joseph Garrison, was also indicted earlier and has pleaded guilty. He is scheduled for sentencing on February 1.
– The targeted website, believed to be DraftKings, announced that approximately 60,000 user accounts were compromised in the attack.
– The defendants were able to withdraw funds from victim accounts by registering a new payment method.
– They allegedly sold access to compromised accounts in bulk through underground shops, with significant proceeds involved.
– Nathan Austad, Kamerin Stokes, and others are estimated to have stolen around $600,000 from roughly 1,600 victim accounts.
– Austad and Stokes have been charged with multiple offenses and could face up to 20 years in prison if found guilty.
These are the summarized key points from the meeting notes. Let me know if you need any further details or clarification.