30 August 2016
Find out more

Alleged RBS WorldPay ATM heist ringleader extradited

09 August 2010  |  10470 views  |  0 digital fingerprints

An alleged mastermind behind the 2008 cyber-attack on RBS WorldPay's computer network, which led to the theft of over $9.4 million, has been extradited from Estonia to the US.

Sergei Tsurikov, 26, from Tallinn, Estonia, has been arraigned in an Atlanta court on federal charges of conspiracy to commit wire fraud, wire fraud, conspiracy to commit computer fraud, computer fraud, and aggravated identity theft.

According to the Associated Press, he has pleaded not guilty to the charges which, if found guilty could see him jailed for up to 35 years and fined a maximum of $3.5 million.

Tsurikov is accused of being one of the ring leaders of a gang that, in November 2008, hacked into RBS WorldPay's systems and compromised the encryption used by the processor to protect customer data on payroll debit cards.

The ring then allegedly raised the account limits on compromised accounts, and provided a network of "cashers" with 44 counterfeit payroll debit cards, which were used to withdraw more than $9 million from over 2100 ATMs in at least 280 cities worldwide in one 12 hour period.

Authorities say that the cashers were allowed to keep between 30% and 50% of the money they stole, sending the rest back to Tsurikov and other gang members, including Russian Viktor Pleshchuk, using WebMoney accounts and Western Union.

Tsurikov and Pleshchuk are accused of monitoring the "cashout" in real-time from within the RBS WorldPay computer systems before trying to cover their tracks by destroying the data.

Tsurikov, Pleshchuk - who was arrested in Russia in March - Oleg Covelin, 28, from Chisinau, Moldova and a person known only as "Hacker 3" were indicted last November on 16 counts.

United States Attorney Sally Quillian Yates, says: "In November 2008, in just one day, an American credit card processor was hacked in perhaps the most sophisticated and organized computer fraud attack ever conducted. Almost exactly one year later, the leaders of this attack were charged. With cooperation from law enforcement partners around the world, and most particularly in Estonia, we have now extradited to Atlanta one of the leaders of this ring."

Atlanta FBI Special Agent in charge Brian Lamkin, adds: "Complex cyber based criminal investigations such as this are becoming all too prevalent. The advances in technology, while aiding the corporate world and the consumer, also aid the criminal in conducting well coordinated fraud or theft based schemes, often across international borders."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

RBS to sell 80% stake in WorldPay to Advent and Bain

RBS to sell 80% stake in WorldPay to Advent and Bain

06 August 2010  |  12752 views  |  0 comments
Russia arrests RBS WorldPay ATM heist suspect

Russia arrests RBS WorldPay ATM heist suspect

23 March 2010  |  9638 views  |  0 comments
US indicts eight over RBS WorldPay ATM heist

US indicts eight over RBS WorldPay ATM heist

11 November 2009  |  10831 views  |  0 comments
Visa pulls Heartland and RBS WorldPay from PCI DSS compliance list

Visa pulls Heartland and RBS WorldPay from PCI DSS compliance list

17 March 2009  |  16147 views  |  5 comments
RBS WorldPay ATM heist nets $9 million in 30 minutes

RBS WorldPay ATM heist nets $9 million in 30 minutes

04 February 2009  |  25131 views  |  4 comments
WorldPay fights denial of service attack

WorldPay fights denial of service attack

04 October 2004  |  5290 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Find out moreVisit capgemini.comVisit VocaLink.com

Top topics

Most viewed Most shared
India's Unified Payments Interface goes live with 21 banksIndia's Unified Payments Interface goes li...
9416 views comments | 23 tweets | 26 linkedin
Cultural change crucial in digital transformationCultural change crucial in digital transfo...
6827 views comments | 11 tweets | 10 linkedin
R3 blockchain consortium sheds light on Concord projectR3 blockchain consortium sheds light on Co...
6790 views comments | 15 tweets | 14 linkedin
Mondo becomes MonzoMondo becomes Monzo
6472 views comments | 14 tweets | 9 linkedin
hands typing furiouslyBlockchain: Some Remarkable Announcements!
6209 views 0 | 5 tweets | 14 linkedin

Featured job

Find your next job