Science & Tech · Cybersecurity · 1 day ago

Former Industrial Firm Engineer Sentenced for Cyber Extortion Plot

Former Industrial Firm Engineer Sentenced for Cyber Extortion Plot

Daniel Rhyne, a former infrastructure engineer at an industrial firm headquartered in New Jersey, was sentenced to 32 months in federal prison.

In November 2023, he set computer tasks that would delete administrator accounts and change passwords across the company’s servers and workstations.

The changes blocked the firm from accessing its systems and data.

Rhyne then demanded 20 bitcoin, worth about $750,000 at the time, and threatened to shut down servers unless he was paid.

The firm investigated the disruption and worked with the FBI, which traced the unauthorized activity to Rhyne.

He pleaded guilty to extortion and intentionally damaging a protected computer.

The sources do not say that the firm paid the ransom.

Sources

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