A solitary hacker allegedly made more than $3 million after hacking Office 365 email accounts. Here’s what happened.
A 39-year-old U.K. resident has been arrested and charged with operating a hack-to-trade fraud, which generated millions of dollars by hacking Microsoft Office 365 email accounts. The alleged hacker, Robert Westbrook, a London resident, was arrested in the U.K. “with a view towards extradition to the United States” where he faces charges of securities fraud , wire fraud and five counts of computer fraud.published by Philip R. Sellinger, through the U.S.
The New Jersey Attorney's Office also said that, on several occasions, the hacker “implemented auto-forwarding rules designed to automatically forward content from the corporate executives’ compromised email accounts to email accounts controlled by Westbrook.”If successfully extradited from the U.K. and found guilty of the charges of securities fraud, Westbrook faces a maximum penalty of up to 20 years of jail time and a fine of $5 million.
However, it is important to remember that the charges and allegations in the indictment are just that, accusations, at this moment in time. The defendant is presumed innocent unless and until proven guilty in a court of law.
Office 365 Email Hacking Cybercrime Securities Fraud Fraud SEC Hacking Office 365 Hacker Hack To Trade
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