Massachusetts student, Matthew D. Lane, to plead guilty to federal charges related to hacking and extorting a major U.S. education tech company.
Lane accessed network of an unnamed software company, stealing personal information of over 60 million students and 10 million teachers, including sensitive data like Social Security numbers and medical information.
Lane worked with a co-conspirator to extort about $2.85 million in cryptocurrency from the education software maker.
The compromised company, likely PowerSchool, paid hackers to delete stolen data, facing subsequent extortion attempts from others claiming the data was not destroyed.