Teen Hacker Behind $100M Ransom Attacks | Chicago News

A 19-year-old hacker, Peter Stokes, linked to the cybercrime group Scattered Spider, has been arrested in Finland and extradited to Chicago facing federal charges. The group, also known as Octo Tempest and UNC3944, allegedly pulled off over 100 attacks and extorted more than $100 million via ransomware. Stokes is tied to a high-profile jewelry store breach in May where $8 million in crypto was demanded — though the ransom wasn’t paid, the company still suffered $2 million in losses. This arrest is part of the FBI’s Operation Riptide, targeting a surge in cybercrime that cost Americans over $20 billion last year. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fc4b7b3bc6547b5e