Latvian authorities have arrested a 23-year-old man suspected of hacking into at least two companies, according to a report from Recorded Future News. The suspect is accused of stealing personal information from the victims and then attempting to extort money from them.

The arrest was carried out by Latvian police, who did not name the affected companies or provide additional details about the attack methods. The case adds to a growing pattern of cybercriminals using stolen data as leverage against businesses, often demanding payment to prevent disclosure or further harm.

As the investigation continues, the arrest signals that law enforcement in the Baltic region is actively pursuing individuals involved in relatively small-scale but damaging cybercrimes. No further information about the suspect's identity or potential charges has been released at this time.