PowerSchool hacker pleads guilty to student data extortion scheme

PowerSchool hacker pleads guilty to student data extortion scheme

A college student from Massachusetts has pleaded guilty to orchestrating a large-scale cyberattack on PowerSchool, leading to the theft of personal data of millions of students and teachers. The breach involved extortion efforts with ransom demands, highlighting significant vulnerabilities in educational and telecommunications systems. #Cyberattack #DataBreach #PowerSchool #Ransomware #CyberExtortion

Keypoints

  • The attacker stole data from PowerSchool using compromised credentials from a contractor.
  • Approximately 62.4 million students and 9.5 million teachers’ personal information was affected.
  • The threat actors demanded nearly $2.85 million in ransom, threatening to leak the data.
  • PowerSchool paid a ransom, but targeted districts still faced extortion attempts.
  • The attacker faces multiple charges and a potential prison sentence for his cybercrimes.

Read More: https://www.bleepingcomputer.com/news/security/powerschool-hacker-pleads-guilty-to-student-data-extortion-scheme/