Hacker charged for breaching 5 companies for insider trading

September 30, 2024 at 06:05PM The U.S. SEC charged U.K. citizen Robert B. Westbrook with hacking into the computer systems of five U.S. public companies, accessing confidential earnings information, and conducting insider trading. Westbrook made illegal profits of approximately $3,750,000 from 14 trades. He now faces civil and criminal charges, which may result in prison … Read more

British National Arrested, Charged for Hacking US Companies

September 30, 2024 at 06:00AM The Department of Justice and SEC charged British national Robert Westbrook, 39, with hacking into the systems of five US companies. He allegedly gained unauthorized access to executive email accounts, obtained nonpublic information, and profited from trading securities before public earnings announcements. He faces extradition and potential prison sentence, fines, … Read more

Convicted Cybercriminals Included in Russian Prisoner Swap

August 1, 2024 at 03:42PM Two Russian prisoners, Vladislav Klyushin and Roman Seleznev, were part of a high-profile prisoner swap between the U.S., Russia, Germany, and Western nations. Klyushin, connected to the Kremlin, was serving a 9-year sentence for a stock market cheating scheme, while Seleznev was sentenced to 27 years for hacking and stealing … Read more