Kentucky man sold program that spied on victims, must forfeit $725G [FOX News]
Palo Alto Networks, Inc. (PANW)
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Source: FOX News
A Kentucky man who peddled malicious spy software on hacker forums finally got his comeuppance courtesy of the FBI. Colton Grubbs, 21, of Stanford, KY., was sentenced to 30 months in federal prison for conspiracy to unlawfully access computers, among other crimes, the Department of Justice announced this week. He must also forfeit the proceeds of his crimes, including 114 Bitcoin, valued at approximately $725,000. CHINA, NOT RUSSIA, IS THE MASSIVE THREAT TO WATCH, FORMER FBI DIRECTOR SAYS Directly and indirectly, Grubbs offered assistance to his customers on how to use LuminosityLink [software] for unauthorized computer intrusions through posts and group chats on websites such as HackForums.net, the DOJ said. Grubbs had previously admitted to designing, marketing and selling LuminosityLink, which he knew would be used by customers to remotely access and control their victims’ computers without the victims’ knowledge or consent, the DOJ added. The software, wh
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PANW
Earnings
- 2/20/24 - Beat
PANW
Sec Filings
- 5/6/24 - Form 144
- 5/3/24 - Form 4
- 5/1/24 - Form 144
- PANW's page on the SEC website