<ul><li>A 19-year-old student, Matthew Lane, has agreed to plead guilty to hacking into the systems of two companies as part of an extortion scheme, one of which was PowerSchool.</li><li>Lane faces federal charges including cyber extortion, cyber extortion conspiracy, unauthorized access to protected computers, and aggravated identity theft.</li><li>He and a co-conspirator tried to extort $200,000 in Bitcoin from a telco by threatening to leak stolen data, but their efforts were unsuccessful.</li><li>Lane accessed a school software provider's systems, stole user information, and demanded 30 Bitcoin (around $2.85 million) in exchange for not leaking the data.</li></ul>

US teen to plead guilty to extortion attack against PowerSchool

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