Cybercriminal convicted of $90 million SEC earning reports hack

The owner of a Russian penetration-testing company has been found guilty of being part of an elaborate scheme that netted $90 million after stealing SEC earning reports. For nearly three years, 42-year-old Vladislav Klyushin – the owner of Moscow-based cybersecurity firm M-13 – and his co-conspirators had hacked into two US-based filing agents used by publicly-traded American companies to file earning reports to the Securities and Exchange Commission. As a Department of Justice press release explains, the earning reports contained sensitive corporate information that allowed the hackers to…