Blackhole’ Exploit Kit Author Gets 7 Years

Brian Krebs reports:

A Moscow court this week convicted and sentenced seven hackers for breaking into countless online bank accounts — including “Paunch,” the nickname used by the author of the infamous “Blackhole” exploit kit.  Once an extremely popular crimeware-as-a-service offering, Blackhole was for several years responsible for a large percentage of malware infections and stolen banking credentials, and likely contributed to tens of millions of dollars stolen from small to mid-sized businesses over several years.

According to Russia’s ITAR-TASS news networkDmitry “Paunch” Fedotov was sentenced on April 12 to seven years in a Russian penal colony.

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