Federal prosecutors charged UK national Robert B. Westbrook with hacking into Office365 accounts of executives at publicly traded companies to obtain quarterly reports and profit from stock trades, earning $3.75 million. Using the stolen information, he engaged in insider trading. Westbrook faces charges including securities fraud, wire fraud, and computer fraud, with significant potential penalties.
T-Mobile pays $16 million fine for three years’ worth of data breaches
T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement over a series of data breaches over three years