• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechPointCloud

If You Can’t Beat Russian Hackers, Hire One

By
Vivienne Walt
Vivienne Walt
Correspondent, Paris
Down Arrow Button Icon
By
Vivienne Walt
Vivienne Walt
Correspondent, Paris
Down Arrow Button Icon
January 21, 2017, 9:00 AM ET

Sergey Pavlovich was just 14 when he discovered how to get rich in his poor ex-Soviet state of Belarus. He and others became hackers, tapping into Americans’ credit card data at companies like T.J. Maxx (TJX) and Barnes & Noble thousands of miles away, then selling the info to big-time crooks. By the time he was jailed, at 21, he was a millionaire. “We numbed our feeling of guilt with the idea we were targeting only large companies,” he tells Coins2Day. “We were almost Robin Hoods.” Besides, job prospects were bleak. “No one wanted to work at a factory and make $200 a month,” says Pavlovich, whose hacking memoir is titled How to Steal a Million.

But Pavlovich has a new line of work. Now out of prison, he consults for U.S. Businesses, helping them secure data from hackers like him. He is one of several cybercrime experts from the former Soviet world in increasingly high demand, despite—or perhaps because of—the escapades of Russian hackers dominating the news cycle.

“Russian software engineers are among the best in the world,” says Costin Raiu, director of global research and analysis at the Moscow cybersecurity firm Kaspersky Lab. “Russian cybercriminals tend to be very good in what they are doing.”

In New York City, criminal lawyer Arkady Bukh has hired Pavlovich and other hackers to stress-test data for clients. Bukh says the Ukrainian-born credit card hacker Vladislav Horohorin has worked for him from his jail cell in Massachusetts. The Russians’ work, Bukh says, is unassailable. “They have spent thousands and thousands of hours doing attacks,” says Bukh. “These are workaholics.”

Mikhail Rytikov, a Ukrainian named in a U.S. Hacking indictment (he maintains his innocence), runs an Internet hosting business and applauds the hackers’ cybersecurity efforts. He says his motto is, “Better to make [money] legally than to steal from someone.”Hard to argue with that.

A version of this article appears in the February 1, 2017 issue of Coins2Day with the headline “Not All Russian Hackers Are Bad.”

About the Author
By Vivienne WaltCorrespondent, Paris

Vivienne Walt is a Paris-based correspondent at Coins2Day.

See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.