Cyber Security News

Cybersecurity Professionals Plead Guilty to Launching Ransomware Attacks

In a shocking betrayal of industry trust, two former cybersecurity professionals have pleaded guilty to federal charges for launching ransomware attacks against U.S. businesses.

The pair, whose day jobs involved helping companies respond to hacks and negotiate ransoms, admitted to moonlighting as cybercriminals in a plot to extort millions of dollars from victims.

Ryan Clifford Goldberg, a former incident response supervisor at Sygnia Consulting Ltd., and Kevin Tyler Martin, previously a ransomware negotiator for DigitalMint, pleaded guilty on Thursday to one count each of conspiracy to interfere with commerce by extortion.

Federal court records reveal that the two men, along with a third unnamed conspirator, spent years hacking networks and demanding payments.

The defendants leveraged their insider knowledge of the cybersecurity landscape to execute high-stakes extortion schemes.

According to Bloomberg, the group used the notorious ALPHV (BlackCat) ransomware to steal and encrypt victims’ data. They are also accused of splitting their illicit profits with the developers of the ransomware software.

In one high-profile instance detailed in court filings, the group successfully extorted a ransom payment of more than $1 million in cryptocurrency from a Florida-based medical device company.

The case is particularly alarming because both men held positions of trust within the industry designed to defend against such threats.

Goldberg worked in incident response, while Martin was a professional negotiator who helped frozen companies communicate with hackers. Instead of protecting clients, they used their skills to victimize them.

Both former employers have moved quickly to distance themselves from the defendants. A DigitalMint spokesperson stated that the employees were fired upon the discovery of their activities and that the company is fully cooperating with the Justice Department.

“They acted wholly outside the scope of their employment and without any authorization, knowledge, or involvement from the company,” the DigitalMint spokesperson said in an emailed statement.

Similarly, a spokesperson for the Israel-based firm Sygnia confirmed that Goldberg was fired “immediately upon learning of the situation.” Sygnia emphasized that the firm itself is not a target of the investigation.

The case is being prosecuted by the U.S. Attorney’s office in Miami. Lawyers for Goldberg and Martin have declined to comment on the pleas.

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Dhivya

Divya is a Senior Journalist at Cyber Security news covering Cyber Attacks, Threats, Breaches, Vulnerabilities and other happenings in the cyber world.

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