Australian Information Security Incident Reported: June 25 2019

The IT consultant has been sentenced to three years in prison.

An Australian IT consultant has on Tuesday been sentenced to three years imprisonment after pleading guilty to a total of 11 charges for insider trading, unauthorised access to data with the intention to commit a serious offence, and the alteration of electronic devices required by the Australian Securities and Investments Commission (ASIC).

According to a statement from ASIC, Steven Oakes hacked into the private computer network of Melbourne-based financial publisher Port Phillip Publishing (PPP) between January 2012 and February 2016.

Source: Aussie ‘hacker’ jailed for unauthorised access and insider trading.