Get the latest tech news
A disgruntled employee deleted backups and locked IT admins out of workstations in a failed data extortion attempt
Daniel Rhyne tried to extort his former employee for $750,000 before being tracked down by law enforcement
After gaining access to the corporate environment, Rhyne scheduled a series of tasks aimed at disrupting business operations, including changing administrator passwords and shutting down servers. Speaking to ITPro, Damian Garcia, head of GRC consultancy at IT Governance, said the incident should serve as an example of why businesses implement robust leaver processes to prevent malicious insider attacks. Historically, companies have tended to overlook this, preferring to focus their efforts on external threat actors(cue the picture of the cyber-criminal wearing a hoodie and with their face obscured).
Or read this on r/technology