SKIP TO MAIN CONTENT

Russian admits guilt in $10 million cyber theft

A Russian man has pleaded guilty to stealing $10 million from Royal Bank of Scotland in 2008 by hacking into accounts, RIA News reported.

RUS-HACKER_B_Getty_2075341907

2 min read

Published

Updated

Source: Reuters


Skip to article content

A Russian man has pleaded guilty in court to stealing $10 million from former Royal Bank of Scotland division World Pay in 2008 by hacking into accounts, RIA News reported.

Investigators said 27-year-old Yevgeny Anikin was a member of an international hacking ring that copied client account information and boosted the daily maximum withdrawal limit before taking cash out of bank machines across Europe, Asia and the United States.

"I want to say that I repent and fully admit my guilt," Anikin in his final comments to the court in Novosibirsk in Siberia, where he was charged with theft.

Anikin, who was detained in 2009, bought two apartments in Novosibirsk as well as a luxury car.

Russia has produced some of the world's most renowned hackers, including the programer who wrote ZeuS, a malicious software introduced as spyware that hides in computers and logs keystrokes to steal passwords. The software has helped steal an estimated $10 million.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Anikin, who is currently under house arrest, asked the judge for leniency in sentencing, saying he had already started paying back the money to the company. RBS Group sold World Pay in 2010 to a consortium of Advent International and Bain Capital.

Another member of the hacker ring was sentenced by a St. Petersburg court to six years in prison in September 2010.

The judge in the case, Lyubov Nazarov, said the verdict and sentence would be announced either on Monday or Friday.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world