Engineer Arrested for Bitcoin Extortion
This is a US news story, published by IT PRO, that relates primarily to Daniel Rhyne news.
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•Why you should always be wary of insider threats: A disgruntled employee at a US industrial firm deleted backups and locked IT admins out of workstations in a failed data extortion attempt
59% Informative
Daniel Rhyne was a core infrastructure engineer at an unnamed US -based industrial firm, and attempted to extort his company for $ 750,000 worth of Bitcoin .
Rhyne gained unauthorized access to the firm’s computer systems by remotely accessing an administrator account.
Authorities were able to trace the extortion messages back to an email address controlled by Rhyne , and he was subsequently arrested in Missouri on 27 August 2024 .
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