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Ex-L3Harris exec pleads guilty to selling zero-day exploits to Russian broker

6 months ago
  • #trade-secrets
  • #cybersecurity
  • #espionage
  • Ex-L3Harris executive Peter Williams pleaded guilty to theft of trade secrets.
  • Williams sold eight zero-day exploits to a Russian broker for millions in cryptocurrency.
  • The stolen cyber-exploits were intended for exclusive U.S. government and allied use.
  • The Russian broker, likely Operation Zero, advertised ties to non-NATO countries.
  • Williams used proceeds to buy luxury items and faces up to 10 years per count.
  • The theft caused an estimated $35 million in losses to L3Harris.
  • Williams also faces fines up to $300,000 and $1.3 million in restitution.
  • Sentencing is scheduled for January, with a guideline range of 87–108 months.