12 years in prison for man who hacked Nasdaq, helped swipe 160M credit cards

Enlarge (credit: Thomas Trutschel / Photothek via Getty Images)

Two Russian men convicted of their involvement in a massive hack of the Nasdaq stock exchange, Citibank, and other major companies have been given hefty sentences.

The two men, Vladimir Drinkman and Dmitriy Smilianets, pleaded guilty in 2015. On Wednesday, Drinkman was sentenced to 144 months, while Smilianets was given 51 months.

Back in 2013, five men were indicted on federal charges. They were accused of, among other things, trading text strings that exploited SQL-injection vulnerabilities in the victim companies’ websites to obtain login credentials and other sensitive data and installing malware that gave them persistent backdoor access to the networks. The breaches resulted in losses worth hundreds of millions of dollars via fraudulent ATM withdrawals. The scheme lasted from 2005 until 2012.

Read 5 remaining paragraphs | Comments

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.