Russian Hacker Who Stole From Banks Ordered to Pay $7 Million

May 3, 2016

A Russian man who spent about 3 years behind bars in the United States has been spared further prison time but ordered to pay $7 Million to cover damages he caused to banks using a vicious computer virus.

Nikita Vladimirovich Kuzmin was arrested in 2010 and imprisoned in August 2011 for developing a sophisticated computer malware called Gozi and infecting more than 1 million computers worldwide, causing tens of millions of dollars in losses.

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