Former Israeli cybersecurity company employee pleads guilty to extorting millions from US companies
TL;DR
A former Sygnia employee and a DigitalMint ex-worker pleaded guilty in the U.S. to ransomware attacks, extorting over $1 million from companies using ALPHV BlackCat software.
Source: The Jerusalem Post
A former employee of the Israeli cybersecurity company Sygnia pleaded guilty to federal offences in the U.S. for being involved in ransomware attacks in an attempt to extort millions of dollars from companies around the U.S. Ryan Clifford Goldberg, who served as a cyber incident response supervisor at the company, admitted he was part of a years-long scheme. Kevin Tyler Martin, a former DigitalMint employee who served as a negotiation intermediary with hackers, a role intended to help ransomware victims, also admitted involvement. In one case, they successfully extracted more than $1 million in cryptocurrency from a medical equipment company in Florida. According to the indictment, Goldberg and Martin used software known as ALPHV BlackCat to steal and encrypt victims’ data, and shared the extortion proceeds with the software’s developers. Full Story