Home / Technology / Tesla Motors, Inc. (NASDAQ: TSLA) – Russian Hacker Pleads Guilty to Offer $ 1M Bitcoin Bribe To Tesla Employee

Tesla Motors, Inc. (NASDAQ: TSLA) – Russian Hacker Pleads Guilty to Offer $ 1M Bitcoin Bribe To Tesla Employee

A Russian citizen who tried to hack himself Tesla Inc. (NASDAQ: TSLA) last year and introducing malicious software to compromise the company has pleaded guilty in the United States and could spend up to ten months in prison, according to a report by The Associated Press.

What happened: Egor Igorevich Kriuchkov pleaded guilty to conspiracy to intentionally damage a protected computer, according to the report.

A federal lawsuit was filed against Kriuchkov in Nevada in August last year. The Russian citizen was accused of offering a $ 1 million bribe Bitcoin (CRYPTO: BTC) to an employee of a company in Nevada ̵

1; then only identified as company A – to hide malware in the company’s systems.

Tesla boss Elon Musk later confirmed that the carmaker was the subject of a hacking attempt by a Russian citizen and his accomplices.

Kriuckkov said the inside job would be disguised as a distributed denial of attack on outside construction machinery to overwhelm the servers with junk traffic, according to the Associated Press, which cited court documents. The hackers then planned to press Tesla for ransom.

See also: Why Tesla charging stations are an important advantage for the future

Why it applies: The data breach shows how companies need to take more effective steps to deal with the threat of cyber attacks that have increased in intensity in the midst of the pandemic. It also shows how hackers can take data from companies, including Tesla, as hostages in exchange for ransom.

Earlier this month, Tesla was among the many companies affected by a massive security camera breach, with hackers gaining access to live footage from manufacturers and stocks of the electric car maker.

Price Action: Tesla shares closed about 0.3% higher on Friday to $ 654.87.

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