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Equifax Software Manager Charged with Insider Trading

Sudhakar Reddy Bonthu, 44, was arraigned in US District Court in Atlanta this week. He allegedly used his inside knowledge of the 2017 data breach before it was made public and purchased so-called “put” stock options that allowed him to earn more than $75,000 in profit. The credit-monitoring firm’s former chief information officer, Jun Ying, earlier this year pleaded not guilty to charges of insider trading related to the data breach. Black Hat USA returns to Las Vegas with hands-on technical Trainings, cutting-edge Briefings and Arsenal open-source tool demonstrations.”]

Source: https://www.darkreading.com/cloud/equifax-software-manager-charged-with-insider-trading

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