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CHARLOTTE, NC – A Charlotte man is facing a long stretch behind bars after a federal jury slammed the door on his attempt to bleed a D.C. tech giant dry. The jury found the suspect guilty yesterday of running a brazen cyber extortion scheme, holding the company’s data hostage until a ransom was paid.
Details revealed during the trial showed the man didn’t just poke around the company’s systems – he dug in, exfiltrated sensitive data, and then leaned on them hard. Federal prosecutors in the Middle District of Alabama (where the case was tried, for reasons still unclear) didn’t release the name of the targeted company, but confirmed it’s an international operation with a significant presence in Washington, D.C.
The exact ransom demand wasn’t disclosed, but court documents indicated the perpetrator believed the company had little choice but to pay to avoid reputational damage and potential loss of clients. The tech firm apparently wasn’t buying it, and instead went straight to the feds. Sentencing is scheduled for a later date, and experts predict a hefty prison term given the severity and sophistication of the attack.
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