Rigzone Founder Arrested For The Allegedly Hacked Data In Wire Fraud Scheme

Source: National Cyber Security – Produced By Gregory Evans

Rigzone Founder Arrested For The Allegedly Hacked Data In Wire Fraud Scheme

The FBI on March 30 arrested David W. Kent in Spring, Texas, on charges of computer hacking and wire fraud for his alleged role in a scheme to steal proprietary Rigzone information and use it to defraud Rigzone’s parent company, DHI Group, Inc. Kent, 40, founded Rigzone in 2000. Ten years later, he sold the company to DHI Group, Inc. for $51 million. Kent allegedly hacked into the Rigzone database in 2014 and then again in 2015 through access points created during his tenure at Rigzone and required his intimate knowledge of the system. The criminal complaint states Kent obtained data to boost membership at a new networking site he created, Oilpro.com. Kent later allegedly initiated discussions to sell Oilpro.com to DHI Group. DHI does not believe the data accessed was used in any other way by any other third party. Both Oilpro.com and Rigzone are based in Houston. Michael Durney, president and CEO of DHI Group Inc., said in a statement that company leadership had detected unauthorized access to proprietary Rigzone information in early 2014. DHI launched an internal investigation and alerted federal authorities. The company then took steps to ensure no further information was taken. “We have been […]

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