Matthew D. Lane, a 19-year-old college student, was sentenced to four years in prison for his role in a cyberattack on PowerSchool that led to a significant data breach affecting millions of students and teachers. He pleaded guilty to multiple charges, including unauthorized access and cyber extortion, and was ordered to pay $14 million in restitution. The attack involved stealing sensitive data and demanding a ransom, with ongoing legal scrutiny surrounding PowerSchool's security practices.

Coinbase reported that hackers bribed overseas support agents to steal customer data, leading to potential costs of up to $400 million. The company received a ransom demand of $20 million but has refused to pay, instead offering a reward for information on the attackers. While sensitive customer information was accessed, no passwords or funds were compromised.