17 August 2017
visit www.avoka.com

Russian hacker gets suspended sentence for $9m RBS WorldPay heist

09 September 2010  |  11272 views  |  0 handshake

One of the ringleaders of the 2008 cyber-attack on RBS WorldPay's computer network, which led to the theft of over $9.4 million, has escaped with a six year suspended sentence, according to press reports.

Viktor Pleshchuk, who was one of eight suspects from Eastern Europe named in a US federal grand jury indictment last year, was arrested in his home country of Russia in March.

US authorities believe Pleshchuk and Estonian Sergei Tsurikov were the ringleaders behind the attack, which compromised the encryption used by the processor to protect customer data on payroll debit cards.

This allowed the gang to raise the limits on accounts before handing over 44 counterfeit payroll debit cards to a network of "cashers" who withdrew over $9 million in less than 12 hours from more than 2100 ATMs in at least 280 cities worldwide, including in the US, Russia, Ukraine, Estonia, Italy, Hong Kong, Japan and Canada.

Pleshchuk pleaded guilty and agreed to provide prosecutors with information on his accomplices in exchange for a six year suspended sentence and four years of probation. He was also ordered to pay RBS WorldPay 275 million roubles ($8.9 million), according to Bloomberg.

Last month Tsurikov was extradited from Estonia to the US to face charges which, if found guilty could see him jailed for up to 35 years and fined a maximum of $3.5 million.

Russian Hacker Gets Suspended Sentence, Fine for ATM Scheme - Bloomberg

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 WorldPay promises end-to-end encryption for US merchants

RBS WorldPay promises end-to-end encryption for US merchants

18 August 2010  |  11605 views  |  0 comments
Alleged RBS WorldPay ATM heist ringleader extradited

Alleged RBS WorldPay ATM heist ringleader extradited

09 August 2010  |  10755 views  |  0 comments
Russia arrests RBS WorldPay ATM heist suspect

Russia arrests RBS WorldPay ATM heist suspect

23 March 2010  |  10409 views  |  0 comments
US indicts eight over RBS WorldPay ATM heist

US indicts eight over RBS WorldPay ATM heist

11 November 2009  |  11151 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  |  16906 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  |  27635 views  |  4 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comdownload the paper nowvisit www.abe-eba.eu

Who is commenting?

Top topics

Most viewed Most shared
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9985 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9974 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8306 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7757 views 0 | 1 tweets | 9 linkedin
PayPal buys Swift Financial to boost working capital bizPayPal buys Swift Financial to boost worki...
7699 views comments | 13 tweets | 7 linkedin

Featured job

£100-120K Basic dependent on experience plus subst...
London

Find your next job