Roman Seleznev, the son of Russian parliament member, Valery Seleznev, has been convicted of 38 counts of fraud and theft by a US federal jury who conducted an eight-day trial in Seattle. Seleznev was taken into custody in July 2014 and his laptop contained more than 1.7 million stolen credit card numbers. Jonathan Sander, VP of Product Strategy at Lieberman Software commented below.
Jonathan Sander, VP of Product Strategy at Lieberman Software:
“This story is like a “greatest hits” of contemporary cybercrime. Perpetrated by an organized, professional network, attacking weak points like Point of Sale that should be patched but aren’t, and resulting in real world financial damage. The fact that it involves a Russian MP’s son crosses over to television movie territory. Sadly, the only surprise is that someone has been caught, tried, and convicted as so much online crime goes unsolved and unresolved.”