Hacker 101: College Student Gets Schooled with 4-Year Prison Sentence for Cyber Extortion!
A Massachusetts college student gets a four-year prison sentence for hacking PowerSchool and another company, pocketing nearly $3 million. His plan? Extort companies like a supervillain, but with less style and more jail time. The plot twist? He owes $14 million in restitution. Looks like crime doesn’t pay, but it sure racks up a hefty bill!
Hot Take:
Well, it looks like hacking your way through college wasn’t the best plan, Mr. Lane. Four years in the slammer and a hefty bill proves that while crime doesn’t pay, it sure can cost you a fortune!
Key Points:
- Matthew D. Lane sentenced to four years for hacking and extortion.
- Extorted $3 million from a telecom provider and a school software company.
- Stole sensitive data, threatened to leak unless paid in Bitcoin.
- PowerSchool hack affected 70 million and resulted in an unpaid ransom.
- Ordered to pay $14 million in restitution, $25,000 fine, and three years of supervised release.
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