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Submission + - Ubiquity "Hack" Perhaps Really an Internal Extortion Attempt (bleepingcomputer.com)

tinskip writes: According to BleepingComputer "Nickolas Sharp, a former employee of networking device maker Ubiquiti, was arrested and charged today with data theft and attempting to extort his employer while posing as a whistleblower and an anonymous hacker.

As alleged, Nickolas Sharp exploited his access as a trusted insider to steal gigabytes of confidential data from his employer, then, posing as an anonymous hacker, sent the company a nearly $2 million ransom demand," U.S. Attorney Damian Williams said today."

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