Sudhakar Reddy Bonthu sentenced to eight months of home confinement after pleading guilty to insider trading. He was working as a software product development manager for Equifax’s Global Consumer Services team in August 2017 when he was asked to help build data breach remediation applications for an unnamed company. On Sept. 1, he bought 86 “put” options in Equifax stock that would allow him to profit if stock dropped within two weeks. This purchase also went against corporate policy: Equifax employees were not permitted to buy option contracts in common stock.”]
Source: https://www.darkreading.com/attacks-breaches/former-equifax-manager-sentenced-for-insider-trading