Jailed Chrono Pay Co-Founder Denied Bail
Summary: A Moscow court denied bail to Pavel Vrublevsky, the 32-year-old co-founder of Russian payment processor ChronoPay, who was charged with hiring hackers to attack rival firm Assist. Investigators tied the attack to a bid for a contract to process payments for Aeroflot, whose systems faltered for several days at a reported cost of about a million dollars a day.
Bottom line: Vrublevsky's lawyers offered 30 million rubles, roughly USD $1 million, for his release and the court still refused, and Russian press reported his sentence would likely not exceed three years and might be suspended, treating computer attacks as a relatively new crime not particularly dangerous to society.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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