A Russian hacker is found guilty for being connected with 2014 breach at JPMprgan Chase. If you’re interested in one of the biggest breaches of customer data throughout the U.S. history and want to get easily approved for a reliable and affordable high risk merchant account, you’re at the right place.
JPMorgan Chase Breach: High Risk Merchant Account
Andrei Tyurin, a Russian man, 35, is found guilty for hacking into U.S. financial networks. This is the very case of the 2014 breach at JPMorgan Chase. The theft of information caused about 83 million people to lose their personal data.
Tyurin (also spelled Tiurin) is also accused of getting access to sensitive information from other banks, brokerage firms, as well as financial companies in the U.S., such as Fidelity Investments, E-Trade Financial, and Dow Jones & Co.
Based on the current plea, the hacker will spend 15 – 20 years in a U.S. prison for his crimes, as Manhattan U.S. Attorney Geoffrey S. Berman says. He’ll also forfeit U.S. $ 19 million.
What about your own business? Are you able to protect it from hackers properly? This can’t be an issue if you work with a secure and reliable merchant services provider that offers unmatched fraud prevention and chargeback mitigation services. A reputable processor will provide you with safe and cheap payment processing services, including a high risk merchant account, without challenges.
Russian Hacker Accused
The hacks were carried out bat the direction of co-conspirator Gery Shalon. The latter used the hacked data for other schemes, such as securities fraud, as well. What’s more, Tyurin organized attacks on a number of U.S. and foreign companies. In 2018, Tyruin was extradited from the Republic of Georgia to the U.S.
By the way, when the hacks occurred, they were so massive that the U.S. authorities suspected they’d been organized by a state-sponsored cyberattack, with potential connection with Russia’s intelligence agencies.
To sum up, Andrei Tyurin (also Tiurin), a Russian hacker, is found guilty by the Federal Court for having ties with the theft of over 80 million clients’ data of JPMorgan Chase & Co in 2014.
Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest rated high risk merchant account processor in the country that offers the safest and cheapest high risk merchant account in the field. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.