Chrono Pay Co-Founder Arrested
Summary: Russian authorities arrested Pavel Vrublevsky, 32, co-founder of ChronoPay, on June 23 for allegedly hiring a hacker to launch a cyber attack against rival payment processor Assist. He was arrested at Sheremetievo airport outside Moscow on return from the Maldives, ordered held without bail, and the attack was reportedly aimed at sidelining rivals competing for a contract to process payments for Aeroflot.
Bottom line: The arrest came 24 hours after authorities seized computers and servers in the United States and seven other countries in an investigation of a hacking gang that stole $72 million through scareware scams - a reminder that the payment processor at the center of this case had also handled card processing for scareware operations.
Read the original at Krebs on Security ↗
- Topics
- Cybercrime & Law Enforcement
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