Russian online payments boss arrested over alleged cyber-attack on rival

The boss of a Russian online payments processor has been arrested over claims he ordered a cyber-attack on a rival firm.

  0 Be the first to comment

Russian online payments boss arrested over alleged cyber-attack on rival

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

ChronoPay co-founder and CEO Pavel Vrublevsky was picked up by authorities at a Moscow airport last week following an investigation into a distributed denial of service (DDoS) attack on Assist.ru in 2010.

At the time of the attack, the two companies were battling it out for a plum contract with government-owned airline Aeroflot for online ticket selling.

ChronoPay attorney Dave Schlendorf told the Financial Times that Vrublevsky was arrested after he was implicated in the scam by another man, Igor Artimovich, suspected of carrying out the attack.

Vrublevksy, who denies the charges, is being held without bail ahead of a hearing set for a month's time, says the FT.

According to security blogger Brian Krebs - who has covered the story extensively - ChronoPay has also been heavily linked with scareware scams while Vrublevksy's other business is a "rogue" online pharmacy called Rx-Promotion.

Sponsored New Report – The Future of AI in Financial Services 2025

Related Company

Comments: (0)

[On-Demand Webinar] Unifying Card Programmes: The cost-reduction imperativeFinextra Promoted[On-Demand Webinar] Unifying Card Programmes: The cost-reduction imperative