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SpyEye Malware Mastermind Pleads Guilty

Today, Russian national Aleksandr Andreevich Panin pled guilty in an Atlanta federal courtroom to a conspiracy charge associated with his role as the primary developer and distributor of malware—called SpyEye—created specifically to facilitate online theft from financial institutions, many of them in the U.S.

SpyEye Malware Mastermind Pleads Guilty

Computer linked to other computersToday, Russian national Aleksandr Andreevich Panin pled guilty in an Atlanta federal courtroom to a conspiracy charge associated with his role as the primary developer and distributor of malware—called SpyEye—created specifically to facilitate online theft from financial institutions, many of them in the U.S.

SpyEye infected more than 1.4 million computers—many located in the U.S.—obtaining victims’ financial and personally identifiable information stored on those computers and using it to transfer money out of victims’ bank accounts and into accounts controlled by criminals.

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Jan 28, 2014 04:00 PM