Legal News

Dreaded SpyEye Malware Developer Pleads Guilty in US Federal Court
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Russian national Aleksandr Andreevich Panin, the developer and distributor of the dreaded malware SpyEye has pleaded guilty this week in an Atlanta federal court. Panin was also known in cyber criminal circles as “Gribodemon” and “Harderman.” According to industry estimates, the SpyEye malware, developed specifically to help stealing from financial institutions, has infected more than 1.4 million computers worldwide.

United States Attorney Sally Quillian Yates said, “Panin was the architect of a pernicious malware known as SpyEye that infected computers worldwide. He commercialized the wholesale theft of financial and personal information.”

  
What
Where


According to Yates, SpyEye is an extremely sophisticated malware that automates the theft of confidential, personal and financial information such as online banking credentials, credit card information, usernames, passwords, PINs, and other personal identification information.

SpyEye works by secretly infecting the computers of victims to allow cyber criminals to remotely control infected computers through command and control servers. Once a computer is infected, cybercriminals can access the computers from remote locations and steal the victim’s personal and financial information through techniques like web injects, credit card grabbers and keystroke loggers. The data is then transferred to C2 servers where it is used to steal money from the financial accounts of the victims.

Panin was the principal developer and distributor of the SpyEye virus. He operated from Russia from 2009 to 2011, while conspiring with others to develop, market and sell several versions of this virus and component parts on the Internet. He also allowed cybercriminals to order tailor-made versions of the malware to obtain personal and financial information of victims. He also marketed versions targeted at specific financial institutions.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




According to information received from the financial industry, in 2013 alone, at least 10,000 bank accounts had been compromised by SpyEye infections. A C2 server searched and seized in 2011 by the FBI showed at least 200 computers controlled by one server.

The Federal Bureau of Investigation led an international manhunt against Panin and his associate Hamza Bendelladj. Panin was arrested in July, 2013 at the Hartsfield-Jackson Atlanta International Airport. His associate was arrested from Suvarnabhumi Airport in Bangkok, Thailand.





 

RELEVANT JOBS

Lead Attorney

USA-VA-Virginia Beach

Multi-state legal recoveries Firm seeks Lead Attorney to join its Virginia Beach, VA office. This is...

Apply now

Paralegal

USA-DC-Washington

CHENEGA HEALTHCARE SERVICES, LLC Washington DC   The Paralegal II shall prov...

Apply now

Accounting Manager

USA-TX-El Paso

Key Duties & Responsibilities: “Hands on” management of the general ledger, accoun...

Apply now

Managing Attorney

USA-TX-El Paso

The ideal candidate will have the following traits: Sharp Organized Decision maker Flexi...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks a litigation associate attorne...

Apply Now

Corporate Transactional Partner

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks a corporate transactional part...

Apply Now

Corporate Transactional Partner

USA-TX-Austin

Austin office of a BCG Attorney Search Top Ranked Law Firm seeks a corporate transactional partner w...

Apply Now

SEARCH IN ARCHIVE

To Top