Former Security Engineer Sentenced to Prison for Hacking Crypto Exchanges

April 15, 2024 at 07:48AM Former senior security engineer Shakeeb Ahmed, 34, of New York, was sentenced to three years in prison for defrauding two cryptocurrency exchanges of $9 million and $1.4 million, using smart contract vulnerabilities to manipulate prices. Ahmed, who worked at an international tech company, must forfeit $12.3 million and pay $5 … Read more

In Other News: Crypto Exchange Hack Guilty Plea, Rating AI Vulnerabilities, Intellexa Spyware 

December 22, 2023 at 09:12AM SecurityWeek releases a weekly cybersecurity roundup with notable stories. This week includes Ukrainian hackers targeting a Russian water utility, a former security engineer admitting to cryptocurrency exchange hacks, patches from Apple and Adobe, and various vulnerability and fraud reports. Additionally, Google shut down thousands of YouTube channels linked to influence … Read more