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Russian national who tried to hack Tesla Inc. (NASDAQ: TSLA) last year and introduce malware to compromise the company pleaded guilty in the United States and could spend up to ten months in jail, according to an Associated Press report.
What happened: Egor Igorevich Kriuchkov pleaded guilty to conspiracy to intentionally cause damage to a protected computer, according to the report.
A federal lawsuit was filed against Kriuchkov in Nevada last August. Russian national accused of offering a million dollar bribe Bitcoin (CRYPTO: BTC) to an employee of a Nevada company – then identified only as Company A – to surreptitiously insert malware into company systems.
Tesla CEO Elon Musk later confirmed that the automaker was the subject of a hack attempt by a Russian national and his co-conspirators.
Kriuckkov said the insider work would be covered up with a distributed denial of service attack on outside plant computers to overwhelm servers with unwanted traffic, according to the Associated Press, which cited documents. judicial. The hackers then planned to extort a ransom payment from Tesla.
See also: Why Tesla’s charging stations are a key benefit for its future
Why is this important: The data breach shows how businesses need to take more effective action to deal with the threat of cyber attacks that have grown in intensity amid the pandemic. It also shows how hackers could take data from companies, including Tesla, hostage in exchange for ransom funds.
Earlier this month, Tesla was among many companies that were hit by a massive security camera breach, with hackers having access to live footage of the electric car maker’s factories and warehouses.
Price action: Tesla shares closed about 0.3% higher on Friday at $ 654.87.
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