Security News > 2021 > April > SysAdmin of Billion-Dollar Hacking Group Gets 10-Year Sentence

A high-level manager and systems administrator associated with the FIN7 threat actor has been sentenced to 10 years in prison, the U.S. Department of Justice announced Friday.

Fedir Hladyr, a 35-year-old Ukrainian national, is said to have played a crucial role in a criminal scheme that compromised tens of millions of debit and credit cards, in addition to aggregating the stolen information, supervising other members of the group, and maintaining the server infrastructure that FIN7 used to attack and control victims' machines.

The development comes after Hladyr pleaded guilty to conspiracy to commit wire fraud and one count of conspiracy to commit computer hacking in September 2019.

Carbanak Group, and the Navigator Group, the malware campaign unleashed by FIN7 is estimated to have caused overall damage of more than $3 billion to banks, merchants, card companies, and consumers.

In the U.S. alone, FIN7 has been responsible for the theft of more than 20 million customer card records from over 6,500 individual point-of-sale terminals at more than 3,600 separate business locations.

FIN7 attackers left their fingerprints in a string of orchestrated intrusions against retailers in the U.K., Australia, and France.

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