Brazilian Hacker’s Pricey ‘Consulting Fee’: $3.2M or 5 Years in Jail!

A Brazilian citizen has been charged in the United States for hacking into a company’s network and threatening to release stolen data. Junior Barros De Oliveira allegedly demanded 300 bitcoin, worth around $3.2 million, and offered to “help” fix the security flaw for a mere 75 bitcoin consulting fee.

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Hot Take:

Looks like someone took the “try before you buy” concept a little too far—offering to fix the security flaw they exploited, but only after a hefty consulting fee. It’s like setting your neighbor’s house on fire and then charging them for the water to put it out.

Key Points:

  • Brazilian citizen charged in the U.S. for cyber extortion.
  • Targeted a New Jersey-based company’s Brazilian subsidiary.
  • Stole confidential data of 300,000 customers on multiple occasions.
  • Demanded 300 Bitcoin (~$3.2 million) to not sell the data.
  • Offered to “help” fix the flaw for an extra 75 Bitcoin (~$800,000).

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