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WorldPay hacker sentenced to 11 years for role in $9.4M scheme

posted onOctober 28, 2014
by l33tdawg

An Estonian man, who helped hack payment processor RBS WorldPay in 2008, has now been sentenced to 11 years in prison for his involvement in the $9.4 million scheme.

In a Friday release, the FBI detailed the hacker's role in the racket.

In November 2008, Sergei Tsurikov and co-conspirators obtained unauthorized access to the computer network of RBS WorldPay, now known as WorldPay, the agency said. At the time, RBS served as the U.S. payment processing division of The Royal Bank of Scotland Group. By compromising the data encryption that the company used to secure payroll debit cards, the hacking group raised limits on targeted accounts, and used its network of cashers to withdraw more than $9 million from around  2,100 ATMs worldwide using counterfeit payroll debit cards, the release said.

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