Security News > 2022 > April > Ukrainian FIN7 Hacker Gets 5-Year Sentence in the United States

A 32-year-old Ukrainian national has been sentenced to five years in prison in the U.S. for the individual's criminal work as a "High-level hacker" in the financially motivated group FIN7.

FIN7 has been attributed to a number of attacks that have led to 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 in the U.S, costing the victims $1 billion in losses.

"To make matters worse, he continued his work with the FIN7 criminal enterprise even after the arrests and prosecution of co-conspirators."

"Under each issue, FIN7 members tracked their progress breaching a victim's security, uploaded data stolen from the victim, and provided guidance to each other," the DoJ said.

Iarmak is the third FIN7 member of the group to be sentenced in the U.S. after Fedir Hladyr and Andrii Kolpakov, both of whom were awarded a prison term of 10 years and seven years respectively in April and June last year.

The development comes as threat intelligence and incident response firm Mandiant detailed the evolution of FIN7 into a resilient cyber crime group, linking it to 17 clusters of previously unattributed threat activity spanning several years, while also calling out its upgraded attack toolkit and initial access techniques and its shift to ransomware to monetize its attacks.

News URL

https://thehackernews.com/2022/04/ukrainian-fin7-hacker-gets-5-year.html