Cybersecurity Experts Charged with Collaborating with Criminals in Ransomware Scheme
Federal prosecutors have charged Angelo Martino, Kevin Tyler Martin, and Ryan Clifford Goldberg, cybersecurity experts, with collaborating with cybercriminals to extort U.S. companies. Martino, trusted by companies in retail, hospitality, and medical sectors, allegedly worsened extortion attempts by providing cybercriminals with information to maximize ransom payments. The case highlights the vulnerability within the cybersecurity industry, where professionals tasked with protecting against ransomware attacks are accused of deploying ransomware themselves. Martino and his co-defendants allegedly extorted a nonprofit and a financial services firm for over $25 million, splitting the proceeds among themselves. The Justice Department is considering further actions to prevent insider threats in cybersecurity firms.