Ubiquiti hack may have been an inside job, federal charges suggest [The Verge]
PayPal Holdings, Inc. (PYPL)
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Source: The Verge
Illustration by Alex Castro / The VergeAnindictment from the Department of JusticeUbiquiti hack reported in Januarysubsequent whistleblower claims of a cover-upThe indictment doesn’t specifically name Ubiquiti, only referring to a “Company-1.” However, all the details line up. In January,Ubiquiti sent an email to userssomeone claiming to be a whistleblower representedThe indictment says the scheme fell apart because of a ‘fleeting’ VPN hiccupThe indictment says the company is based in New York, whichUbiquiti isPerhaps most notable is the allegation that Sharp posed as a whistleblower to media outlets in late March 2021 — the same time a whistlebloweraccused Ubiquiti of covering up thethe company’s denial that user data was targetedThe DOJ alleges that Sharp accessed the company’s Web Services and Github accounts after applying for a job at another company in December 2020. The indictment says that another employee discovered the breach days after Sharp downloaded “gigabytes” of confi
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Earnings
- 2/7/24 - Beat
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Sec Filings
- 4/17/24 - Form PX14A6G
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PYPL's page on the SEC website