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Fin7 sysadmin gets 10-year sentence in US hacking case

Fin7 sysadmin gets 10-year sentence in US hacking case
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Cyber Security Today, April 19, 2021 – 10-year prison term for hacker group manager, watch for these attacks against universities and more

Ten-year prison term for hacker group manager, watch for these attacks against universities and more. Welcome to Cyber Security Today. It’s Monday April 19. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com.   An American courthas sentenced a Ukrainian man to 10 years in prison for his role in the hacking and credit card theft group called FIN7 by researchers. The man was a manager and systems administrator for the group. He was arrested in Germany in 2018 and extradited to the U.S. In 2019 he pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit computer hacking. FIN7 is also called Carbanak Group or Navigator Group by researchers. According to the Justice Department, FIN7 has more than 70 people who are hackers, malware developers, creators of phishing messages or have other duties. It is alleged the group caused over a billion dollars in losses in the U.S. alone.

Cyber Security Today, April 19, 2021 – 10-year prison term for hacker group manager, watch for these attacks against universities and more | IT Business Cyber Security Today, April 19, 2021 - 10-year prison term for hacker group manager, watch for these attacks against universities and more

Cyber Security Today, April 19, 2021 – 10-year prison term for hacker group manager, watch for these attacks against universities and more | IT Business Cyber Security Today, April 19, 2021 - 10-year prison term for hacker group manager, watch for these attacks against universities and more
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Ukrainian national sentenced to prison for work with criminal hacking group

Print this article A Ukrainian national was sentenced to prison time for his work with a criminal hacking group. Fedir Hladyr, 35, was sentenced to 10 years in prison Friday, about a year and a half after he pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit computer hacking, according to the Department of Justice. The hacking group, known as FIN7, the Carbanak Group, and the Navigator Group, engaged in a yearslong malware attack that targeted hundreds of U.S. companies, mainly in the restaurant, gambling, and hospitality industries. They stole millions of customers’ banking information and then sold some for profit.

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