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Category: Business Sector

In: Chennai engineer gets 2-yrs jail for hacking, data theft

Posted on April 2, 2015 by Dissent

A court here has sentenced a Chennai-based software professional to two years’ rigorous imprisonment for hacking servers of a local firm and stealing confidential data. The court had on March 31 found Prabhakar Sampath guilty under Section 66 of Information Technology Act. Apart from the jail term, the court also imposed a fine of Rs…

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Aussie teen hacker Abdilo’s home raided, and he’s ordered to turn over his passwords and decryption keys

Posted on April 2, 2015 by Dissent

Will Ockenden and Benjamin Sveen report that the teenage hacker known as “Abdilo” had his home raided by Australian law enforcement in a pre-dawn raid. DataBreaches.net has reported on a number of Abdilo’s claimed hacks, which included an Australian travel insurance company, the University of Sydney, and numerous educational institutions in the U.S. and elsewhere.  Most of his…

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US judge refuses to delay code theft trial for ex-Goldman programmer

Posted on April 1, 2015 by Dissent

Brendan Pierson reports: A New York judge on Wednesday rejected a request from prosecutors to delay the scheduled trial of former Goldman Sachs Group Inc computer programmer Sergey Aleynikov, who is charged with stealing code from the investment bank. Read more on Reuters.

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Officials say advanced hack was hoax in charging twin brothers

Posted on April 1, 2015 by Dissent

Justin Jouvenal reports: The cybersecurity expert and hacker claimed he created a sophisticated attack that allowed him to add unlimited funds to gift cards from major retailers — a security hole that could have resulted in huge losses for Starbucks, Kmart and Whole Foods Market. But the story the Springfield man told federal agents and The Washington…

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Nine Defendants Plead Guilty in $20 Million Stolen Identity Refund Fraud Ring

Posted on April 1, 2015 by Dissent

There’s a follow-up to a case previously reported on PHIprivacy.net and on this site. From the U.S. Department of Justice: Alabama and Georgia residents pleaded guilty for their roles in a $20 million stolen identity refund fraud (SIRF) conspiracy, Acting Assistant Attorney General Caroline D. Ciraolo of the Justice Department’s Tax Division and U.S. Attorney George…

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Fourth Member of International Computer Hacking Ring Pleads Guilty to Hacking and Intellectual Property Theft Conspiracy

Posted on April 1, 2015 by Dissent

A fourth member of an international computer hacking ring has pleaded guilty to conspiring to break into computer networks of prominent technology companies to steal more than $100 million in intellectual property and other proprietary data. Austin Alcala, 19, of McCordsville, Indiana, pleaded guilty to conspiracy to commit computer intrusions and criminal copyright infringement based…

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