Estonian hacker that stole $9.4M receives 11-year prison sentence

A federal judge in Atlanta sentenced a hacker to 11 years in prison for his role in stealing $9.4 million.

Published Fri, Oct 24 2014 8:30 PM CDT   |   Updated Tue, Nov 3 2020 12:14 PM CST

Estonian hacker Sergei Nicolaevich Tsurikov was sentenced to 11 years in prison, for his role in a cyberattack that stole $9.4 million in 2008. Tsurikov previously pleaded guilty to his role in hacking the Royal Bank of Scotland Group, creating fake payroll debit cards, and withdrawing funds from more than 2,100 ATMs in more than 280 cities.

Estonian hacker that stole $9.4M receives 11-year prison sentence | TweakTown.com

Tsurikov and his team were described as "one of the most sophisticated cybercrime rings in the world," according to Sally Quillian Yates, Northern District of Georgia attorney. He will also have to pay $8.4 million in restitution.

Handing down actual prison sentences against cybercriminals has been difficult, but the US federal government wants to track down - and prosecute - as many of them as they can.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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