📚 UK Security Firm Execs Admit to Hacking Rival Firm

Five employees of UK-based Quadsys security firm, pleaded guilty in court last week, admitting to hacking the servers of an unnamed rival company. The five are Paul Streeter (Quadsys owner), Paul Cox (managing director), Alistair Barnard (director), Steve Davies (account manager) and Jon Townsend (security consultant). Group pleads guilty to one of two charges On Thursday, July 21, the five accused pleaded guilty to charges of obtaining unauthorized access to computer materials to facilitate the commission of an offense. According to UK tech news service The Register, who had a reporter at the hearing, their offense is punishable by up to 12 months in prison or a fine, based on a summary conviction, or up to five years in prison or a fine, based on an indictment. The hacking incident came to light in March 2015, when police arrested the group. In August 2015... ...