Ubiquiti Developer Charged With Extortion, Causing 2020 “Breach”
In January 2021, technology vendor Ubiquiti Inc. [NYSE:UI] disclosed that a breach at a third party cloud provider had exposed customer account credentials. In March, a Ubiquiti employee warned that the company had drastically understated the scope of the incident, and that the third-party cloud provider claim was a fabrication. On Wednesday, a former Ubiquiti developer was arrested and charged with stealing data and trying to extort his employer while pretending to be a whistleblower. Federal prosecutors say Nickolas Sharp, a senior developer at Ubiquiti, actually caused the “breach” that forced Ubiquiti to disclose a cybersecurity incident in January. They [...]