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

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.

  1 Be the first to comment

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

Editorial

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

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

Sponsored [Webinar] 2025 Fraud Trends: Synthetic Identity, AI and Incoming Mandates

Comments: (0)

[On-Demand Webinar] Solving the KYC challenge with end-to-end processesFinextra Promoted[On-Demand Webinar] Solving the KYC challenge with end-to-end processes