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breach watch Help Net Security July 02, 2026

Scattered Spider suspect extradited over $8 million ransom scheme

AI Summary

A suspected Scattered Spider member has been extradited to the United States to face charges linked to cyberattacks against U.S. companies, including the breach of a luxury jewelry retailer that led to an $8 million cryptocurrency ransom demand after attackers stole company data. The retailer’s security team removed the attackers from its network before any ransom was paid.

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