Russian prosecutors have served a hacker with a six year suspended sentence after he admitted his involvement in a worldwide hack that withdrew $9 million from ATM cash machines.
29-year-old Viktor Pleshchuk, of St. Petersburg, Russia, received a reduced sentence, which includes four years’ probation, after agreeing to assist authorities by providing information about other hackers who broke into computer systems at RBS WordPay.
The criminal gang is alleged to have created counterfeit cloned debit cards with the stolen information, but didn’t stop there. They also are said to have cracked the encryption security used to protect RBS WorldPay PIN numbers, and raised the level of funds available on compromised accounts. Some accounts reportedly had their daily withdrawal limits boosted to up to $500,000.
This is said to have allowed low-level members of the gang to…
Read more in my article on the Naked Security website.