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Payment Card Theft Ring Tech Leader Gets 10-Year Sentence

Fedir Hladyr admitted to working as a system administrator and IT manager for the FIN7 cybercriminal gang. The FIN7 gang has been involved in the theft of millions of payment cards. Hladyrs played a central role in aggregating stolen payment card information, supervising other cybercriminals. He’ll receive nearly three years of credit toward his 10-year sentence for time served. Prosecutors say FIN7 and its associates have caused more than $1 billion worth of damage and losses to organizations and individuals.”]

Source: https://www.bankinfosecurity.com/payment-card-theft-ring-tech-leader-sentenced-to-10-years-a-16426

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