ShinyHunters member gets 3 years in prison for breaching 60 firms

The U.S. District Court in Seattle sentenced ShinyHunters member Sebastien Raoult to three years in prison and ordered a restitution of $5,000,000.
Previously, in September 2023, Raoult pleaded guilty to conspiracy to commit wire fraud and aggravated identity theft, facing a maximum punishment of 27 years in prison.
Raoult, a 22-year-old from France, is known online as 'Sezyo Kaizen' and was part of the ShinyHunters hacking group.
He was arrested in Morocco in 2022 and extradited to the U.S. in January 2023.
Between April 2020 and July 2021, Raoult and his co-conspirators caused financial damages exceeding $6 million, resulting from the theft of the personal information of millions of people and their sale on the dark web.
Raoult lured victims with specially crafted phishing pages that mimicked the login portals of their targets' employers, tricking them into entering their account credentials and other sensitive data.
Next, members of the ShinyHunters group used the stolen credentials to log in to company systems and steal all data they could access in the corporate network, cloud instances, and even systems of third-party service providers.
ShinyHunters used this corporate access to steal data from over 60 organizations, including personally identifiable information and financial details of millions of people.
Next, the hackers threatened to leak or sell that data on platforms like the RaidForums, EmpireMarket, and Exploit if the victimized company didn't pay them a ransom.
In many cases, the hackers followed through with their threats, leaking data publicly to expose customers' data and cause reputation and financial damage to the firms.
Raoult expressed repentance about his former activities, promising never to engage in hacking again.
Raoult can be out on supervised release in about ten months, as the time spent in detention in Morocco and the U.S. is credited towards his three-year sentence.
Cloud engineer gets 2 years for wiping ex-employer's code repos.
FTC bans data broker from selling Americans' location data.
Ransomware victims targeted by fake hack-back offers.
BreachForums admin jailed again for using a VPN, unmonitored PC. Mint Mobile discloses new data breach exposing customer data.


This Cyber News was published on www.bleepingcomputer.com. Publication date: Wed, 10 Jan 2024 14:50:22 +0000


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