Two Canadians Charged in Crypto Mining Hack Targeting U.S. Universities

TL;DR: A federal grand jury in New York indicted Ryan James Roach and Mathiew James Stubbings for conspiracy, information theft, and intentional damage to protected systems. The intrusions spanned from June 2016 to December 2019, affecting supercomputers at universities in New York, Tennessee, North Carolina, and Massachusetts. Authorities reported damage to at least ten protected systems with losses exceeding $5,000, carrying potential penalties of up to 10 years in prison and $250,000 in fines. Two Canadian citizens are facing federal criminal charges in the United States after being accused of breaching university computing infrastructure to mine cryptocurrency without authorization between 2016 and 2019. The U.S. Department of Justice formalized charges against Ryan James Roach, 35, a resident of Saskatchewan , and Mathiew James Stubbings, 41, originally from Ontario.

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