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Hacking & intrusion

$3.75 million made trading shares on hacked executive emails

First reported · Last reported · 4 related reports

A British man was charged in the US with hacking corporate executives' email accounts, using the information for share trades and making $3.75 million in profits. He is also accused of using genealogy websites to hack the accounts. The FBI and Mandiant were involved in tracking him, and it emerged that he had tried to fake his own death.

Key facts

Affected organisation
Being confirmed
Incident type
Hacking & intrusion
Occurred / detected
Not confirmed
Scale of damage
$3.75 million in illegal share trading profits
Cause / method
Hacking of corporate executives' email accounts using genealogy websites
Location
United States

Timeline

  1. The US charged a British man with using information obtained through hacking for share trades.
  2. Allegations emerged that the defendant used genealogy websites to hack corporate executives' email accounts.
  3. The $3.75 million in trading profits and how the FBI and Mandiant tracked him came to light.

4 related reports

The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.