[Law] A Briton charged in a multimillion-dollar hack-to-trade scheme targeting US firms

Summary: British national Robert B. Westbrook has been charged in the US for orchestrating a hacking operation that targeted American companies to illegally trade on the stock market using insider information, allegedly earning over $3.75 million. He hacked into Microsoft Office365 email accounts of corporate executives to access confidential earnings reports, which he exploited for financial gain.

Threat Actor: Robert B. Westbrook | Robert B. Westbrook

Key Point :

  • Westbrook hacked into email accounts of corporate executives to obtain confidential earnings reports.
  • He set up auto-forwarding rules to discreetly receive sensitive documents without detection.
  • US authorities are seeking his extradition following his arrest in the UK.
  • He faces multiple charges, including wire fraud and securities fraud.


Original Source: https://www.justice.gov/usao-nj/pr/uk-national-charged-multimillion-dollar-hack-trade-fraud-scheme

Cyber Law and Cybercrime Investigation Blog: Immuniweb