Equifax engineer who designed breach portal gets 8 months of house arrest for insider trading

Catalin Cimpanu reports:

A former Equifax engineer who coded parts of the company’s breach notification website for last year’s security incident was sentenced this week to eight months of home confinement and restitution of ill-gotten funds after using insider information about the Equifax breach to make over $75,000 from insider trading.

The sentence was passed down yesterday by an Atlanta judge to a man named Sudhakar Reddy Bonthu, 44, of Cumming, Georgia.

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