Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Brazilian Hacker Charged for Extorting $3.2M in Bitcoin After Breaching 300,000 Accounts

The Hacker News by The Hacker News
December 26, 2024
Home Cybersecurity
Share on FacebookShare on Twitter


Dec 26, 2024Ravie LakshmananCybercrime / Ransomware

A Brazilian citizen has been charged in the United States for allegedly threatening to release data stolen by hacking into a company’s network in March 2020.

Junior Barros De Oliveira, 29, of Curitiba, Brazil has been charged with four counts of extortionate threats involving information obtained from protected computers and four counts of threatening communications, the U.S. Department of Justice (DoJ) said in an unsealed indictment earlier this week.

The said victim, a Brazilian subsidiary of a New Jersey-based company, had its computers breached by the defendant, who then exploited the access to steal confidential customer information from about 300,000 customers on at least three occasions.

De Oliveira is alleged to have subsequently sent the chief executive officer (CEO) of the company an email message in September 2020 using an alias, demanding a payment of 300 bitcoin (valued at about $3.2 million at the time) in return for not selling the data.

Cybersecurity

A month later, the defendant forwarded the aforementioned message to both the CEO and an executive working in the Brazilian subsidiary.

In one of the follow-up messages sent to a representative of the company, De Oliveira said he “very interested in helping you guys solve this security flaw” but said it will incur a consulting fee of 75 bitcoin (about $800,000 at the time). The defendant also provided instructions on how to make the payment to a Bitcoin wallet.

Each of the four counts of extortionate threats carries a maximum prison term of 5 years, and a maximum fine of $250,000 or twice the value of any gain or loss, whichever is greater.

Likewise, each of the four counts of threatening communications carries a maximum prison term of 2 years, and a maximum fine of $250,000 or twice the value of any gain or loss, whichever is greater.

Found this article interesting? Follow us on Twitter  and LinkedIn to read more exclusive content we post.





Source link

Tags: computer securitycyber attackscyber newscyber security newscyber security news todaycyber security updatescyber updatesdata breachhacker newshacking newshow to hackinformation securitynetwork securityransomware malwaresoftware vulnerabilitythe hacker news
The Hacker News

The Hacker News

Next Post
The 10 Biggest Cisco News Stories Of 2024

The 10 Biggest Cisco News Stories Of 2024

Recommended.

Huawei convocó el “Salón del Futuro de los Juegos” en Alemania

Huawei convocó el “Salón del Futuro de los Juegos” en Alemania

August 29, 2025
WideOpenWest, Inc. Reschedules Second Quarter 2025 Earnings Call to 5:00 PM ET the Same Day

WideOpenWest, Inc. Reschedules Second Quarter 2025 Earnings Call to 5:00 PM ET the Same Day

August 11, 2025

Trending.

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

October 6, 2025
Cloud Computing on the Rise: Market Projected to Reach .6 Trillion by 2030

Cloud Computing on the Rise: Market Projected to Reach $1.6 Trillion by 2030

August 1, 2025
Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

July 14, 2025
The Ultimate MSP Guide to Structuring and Selling vCISO Services

The Ultimate MSP Guide to Structuring and Selling vCISO Services

February 19, 2025
Translators’ Voices: China shares technological achievements with the world for mutual benefit

Translators’ Voices: China shares technological achievements with the world for mutual benefit

June 3, 2025

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio