17 August 2017
Find out more

Russian hacker pleads guilty over $9m RBS WorldPay heist

08 February 2011  |  13915 views  |  0 anonymous figure in front of stock exchange

A Russian man has pleaded guilty to his part in a 2008 cyber-attack on RBS WorldPay's computer network, which led to the theft of over $9.4 million, according to press reports.

Yevgeny Anikin was part of a gang behind the attack on WorldPay's systems, which compromised the encryption used by the processor to protect customer data on payroll debit cards.

This allowed the criminals 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.

According to local press reports, Anikin used proceeds from the con to buy two apartments in the Siberian city of Novosibirsk as well as a luxury car.

The crook - who has been under house arrest since 2009 - reportedly told a court "I want to say that I repent and fully admit my guilt" before receiving a five year suspended sentence, says RIA News.

Last year, one of the masterminds behind the attack, Viktor Pleshchuk, escaped with a six year suspended sentence from a Russian court. His fellow ringleader, Estonian Sergei Tsurikov has been less fortunate; he was extradited to the US to face charges which, if found guilty could see him jailed for up to 35 years.

Russian hacker avoids jail over $10 million cyber theft - RIA News

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

Advent and Bain to invest £200 million in WorldPay

Advent and Bain to invest £200 million in WorldPay

01 December 2010  |  9190 views  |  0 comments
Russian hacker gets suspended sentence for $9m RBS WorldPay heist

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

09 September 2010  |  11270 views  |  0 comments | 1 linkedin
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  |  10408 views  |  0 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.dorsum.euvisit www.worldpaymentsreport.comdownload the paper now

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10385 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9780 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9681 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8075 views comments | 1 tweets | 2 linkedin