Strategy, Threat intelligence, Threats, Cybercrime

FIN7 pen tester receives seven-year prison sentence

June 25, 2021
ZDNet reports that the Department of Justice has sentenced Ukrainian national Andrii Kolpakov to seven years in prison after serving as a penetration tester for the FIN7 hacking group.

Kolpakov worked for FIN7 between at least April 2016 and June 2018, when he was arrested by Spanish law enforcement, before being extradited to the U.S. after a year, according to U.S. prosecutors. Prosecutors added that Kolpakov had been responsible for managing hacking teams in attacks targeted at U.S. businesses and other systems.

FIN7, which is also known as Carbanak, has been popular for stealing and selling point-of-sale system records and for utilizing business email compromise in its attacks. The hacking group has compromised more than 6,500 PoS systems from over 3,600 business locations across the U.S., according to the Justice Department.

"Moreover, FIN7 members, including Kolpakov, were aware of reported arrests of other FIN7 members, but nevertheless continued to attack US businesses," said the Justice Department.
Jill Aitoro

SC Media Editor in Chief Jill Aitoro has 20 years of experience editing and reporting on technology, business and policy. She also serves as editorial director at SC Media’s parent company, CyberRisk Alliance. Prior to joining CRA, she worked at Sightline Media as editor of Defense News and executive editor of the Business-to-Government Group. She previously worked at Washington Business Journal and Nextgov, covering federal technology, contracting and policy, as well as CMP Media’s VARBusiness and CRN and Penton Media’s iSeries News.

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