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A Supervisor gets time, let’s discuss

A U.S. court on Thursday sentenced Andrii Kolpakov, a Ukrainian national, to seven years in prison for his role in the FIN7 gang.

Kolpakov, 33, functioned as a supervisor for a small team of hackers who between 2016 and 2018 breached victims including Chipotle, Red Robin, Arby’s and other U.S. corporations. Victims experienced “enormous” losses, according to the Justice Department, that by some estimates have exceeded $1 billion.

“During the course of the scheme, [Kolpakov] received compensation for his participation in FIN7, which far exceeds comparable legitimate employment in Ukraine,” the plea deal noted. “For the purposes of this plea agreement, the parties agree that — during [Kolpakov’s] participation in the malware scheme — FIN7 illegal activity resulted in over $100 million in losses to financial institutions, merchant processors, insurance companies, retail companies and
individual cardholders.”

FIN7 presented itself as a legitimate security vendor that specialized in penetration testing, a way of using offensive measures to improve firms’ digital defenses. In fact, the roughly 70 people involved with the collective worked as hackers, though it remains unclear if all of those involved in fact realized they were breaking U.S. law.

I guess crime does not pay, according to the shadow, he has found you and will make sure you get justice.

Andrii Kolpakov, who supervised hackers for FIN7, sentenced to 7 years in prison is the article.

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A Supervisor gets time, let’s discuss was released on June 29, 2021 at 3:00 pm by tech in article commentary.
Last modified: June 28, 2021.

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