Author/Source: Krebs on Security See the full link here
Takeaway
This article reveals that a cybersecurity company called IRIS C2, which offers large payouts for security vulnerabilities, is run by two convicted felons, Jack Burkman and Jacob Wohl. It details their history of creating fake companies and engaging in fraudulent activities, including robocall schemes and securities fraud.
Technical Subject Understandability
Intermediate
Analogy/Comparison
This situation is like a car dealership run by people who have a long history of selling faulty cars and scamming customers, but they are now claiming to sell advanced, secure vehicles.
Why It Matters
This topic matters because it exposes a cybersecurity company that operates under false pretenses, potentially putting individuals and government entities at risk. For example, Jack Burkman and Jacob Wohl have been involved in robocall schemes that aimed to suppress votes, and Jacob Wohl pleaded guilty to securities fraud, showing a pattern of deceptive behavior that could impact the integrity of cybersecurity services.
Related Terms
Zero-day exploits, exploit primitive, penetration testing, robocalls, securities fraud, telecommunications fraud.
Jargon Conversion
Zero-day exploits: Newly discovered software flaws that hackers can use before anyone knows about them. Exploit primitive: A basic idea or part of a software flaw that still needs more work to become a fully working hack. Penetration testing: Checking computer systems for weaknesses by trying to hack into them. Robocalls: Automated phone calls that deliver pre-recorded messages. Securities fraud: Lying or cheating to illegally make money from buying or selling investments like stocks. Telecommunications fraud: Using phone or internet services to trick or cheat people out of money.
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