Security News > 2021 > June > FIN7 ‘Pen Tester’ Headed to Jail Amid $1B in Payment-Card Losses

FIN7 ‘Pen Tester’ Headed to Jail Amid $1B in Payment-Card Losses
2021-06-25 18:06

A so-called "Pen-tester" for the financial cybergang known as FIN7 will spend seven years in the slammer after being convicted for payment-card theft.

FIN7 is a well-known threat that's been circulating since at least 2015.

According to documents filed in the case, he served as a high-level hacker for FIN7, often referred to as a penetration tester by the group - i.e., someone who looks for weaknesses in a target's security defenses.

FIN7 members, including Kolpakov, were aware of reported arrests of other FIN7 members, but nevertheless continued to attack U.S. businesses.

"FIN7 hacked into thousands of computer systems and stole millions of customer credit- and debit-card numbers that were then used or sold for profit.

In the U.S. alone, FIN7 stole more than 20 million customer card records from more than 6,500 individual PoS terminals at more than 3,600 separate business locations, in all 50 states, according to the DoJ. The total haul in terms of victim losses exceeded $1 billion.


News URL

https://threatpost.com/fin7-pen-tester-jail/167293/