The Acting United States Lawyer for the Southern District of New York City, Audrey Strauss, announced that “Andrei Tyurin,” a Russian Hacker was sentenced in Manhattan federal court to 144 months in prison for computer system invasion, wire scams, bank fraud, and illegal online gaming offenses in connection with his participation in a massive computer hacking campaign targeting U.S. monetary institutions, brokerage firms, financial news publishers, and other American companies.
An insight into the incident
” TYURIN, Shalon, and their co-conspirators obtained numerous countless dollars in illegal profits, and TYURIN himself made over $19 million in make money from his hacking activity”, checks out the press release published by the DoJ.
” The conspiracy targeted significant monetary organizations, brokerage companies, news companies, and other business, and netted Tyurin over $19 million in criminal earnings”, states the Acting U.S. Attorney Audrey Strauss.
His hacking activity consisted of the targeting of companies understood to be utilized for email marketing projects, competitor online casinos, and a merchant danger intelligence company based in the United States, in order for the co-conspirators to monitor the companys efforts to examine possibly criminal online credit card deals on behalf of major credit card networks, and thus prevent detection of their criminal schemes.
His major role in orchestrating and helping with an international hacking project that consisted of one of the largest thefts of U.S. consumer data from a single financial institution in history, taking the personal details of more than 80 million J.P. Morgan Chase consumers.
In one such circumstances of security scams, Tyurin teamed up with his partner Gery to synthetically pump up the rate of particular stocks openly traded in the U.S., by marketing the stocks stealthily and misleadingly to clients of the targeted business whose contact info was stolen throughout the invasions.
He used computer infrastructure located across 5 continents, which he managed from his home in Moscow, and preserved consistent gain access to over a prolonged time to the victims networks, routinely refreshing the stolen data by often downloading info from these companies.
The hacker also carried out cyberattacks against a number of U.S. and foreign companies in furtherance of different criminal enterprises operated by Shalon and his co-conspirators, consisting of unlawful internet gambling services and international payment processors.
Andrei Tyurin was implicated of being the mastermind of the organization that targeted the US monetary institution from 2012 to mid of 2015.
Tyurin was accountable for the theft of individual details of over 100 million clients of the victim companies such as J.P. Morgan Chase Bank, E * Trade, Scottrade, and the Wall Street Journal.
The Justice Department stated Tyurin has actually been ordered to surrender over $19 million, with a court hearing on his restitution obligations scheduled for April 6.
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As soon as his hacking activities were spotted, TYURIN dealt with Shalon to damage the evidence of their criminal activity and weaken U.S. law enforcements efforts to determine and detain them.
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