rain
Saturday July 4th, 2015 9:40AM

Feds: Russian man who created SpyEye pleads guilty

By The Associated Press
ATLANTA (AP) -- A Russian man who federal authorities say created a computer program used to drain bank accounts pleaded guilty Tuesday to a conspiracy charge.

Aleksandr Andreevich Panin, who's also known as "Gribodemon," pleaded guilty Tuesday to a single charge of conspiracy to commit mail fraud and wire fraud.

Another man, Hamza Bendelladj, was also indicted in the case and pleaded not guilty in May after being extradited from Thailand, where he was arrested a year ago.

Authorities say the 24-year-old Panin is the main author of SpyEye. The program is a banking Trojan, which was implanted onto computers to harvest financial information and drain bank accounts. Authorities have said the malware impacted 253 financial institutions and is responsible for untold amounts of financial theft.

Trojans such as SpyEye can be profitable for cybercriminals. A small group of hackers in Eastern Europe arrested in 2010 was able to steal about $70 million from companies, municipalities and churches in Europe and the U.S.

SpyEye was designed to automatically steal sensitive information - such as bank account credentials, credit card information, passwords and PIN numbers - after being implanted in victims' computers. After the program took control of a computer, it allowed hackers to use a number of covert techniques to trick victims into giving up their personal information - including data grabbing and presenting victims with a fake bank account page. The information was then relayed to a command and control server, which was used to access bank accounts.

Panin and Bendelladj were indicted in December 2011.

Bendelladj was on a trip from Malaysia to Egypt when he was arrested during a layover at an airport in Bangkok on Jan. 5, 2013. Police seized two laptops, a tablet computer, a satellite phone and external hard drives.

Authorities say the men developed and sold various versions of SpyEye and its components on the Internet between 2009 and 2011. Cybercriminals were able to customize their purchases to choose specific methods of gathering personal information from victims. They are also said to have advertised SpyEye on Internet forums focused on cybercrime and other criminal activity.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 6 months ago )
High court to adopt electronic filing of cases
The Supreme Court is belatedly developing an electronic filing system similar to those used in courts around the country, Chief Justice John Roberts said Wednesday in his annual end-of-year report.
7:57PM ( 6 months ago )
Storm brings snow, cold to West for New Year's
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
5:19PM ( 6 months ago )
U.S. News
State DOT awards $48M contract for NE Ga. road project
The state Department of Transportation has awarded a $47.8 million contract for nine miles of work on a northeast Georgia road.
9:37AM ( 6 months ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 6 months ago )
Hall County conviction, sentencing to be reviewed by SCOGA
The State Supreme Court has agreed to hear the appeal of a Hall County man when they reconvene in January.
2:37PM ( 6 months ago )
Maysville man dies from Banks County wreck
The Georgia State Patrol reports that alcohol and/or drugs were factors a single-vehicle wreck that claimed the life of a Maysville man in Banks County Tuesday night.
11:07AM ( 6 months ago )
Local/State News
APNewsBreak: Tentative agreement on Iran sanctions relief
VIENNA (AP) — World powers and Iran have reached tentative agreement on sanctions relief for the Islamic Republic, among the most contentious issues in a long-term nuclear agreement that negotiators h...
9:20AM ( 19 minutes ago )
Fireworks shoot into Colorado crowd; 9 suffer minor burns
AVON, Colo. (AP) — Officials say nine people suffered minor burns during an accident at a fireworks show in Colorado.Virginia Egger, the town manager in Avon, says a malfunction caused a fireworks she...
8:44AM ( 55 minutes ago )
Federal report: Polar bears in peril due to global warming
ANCHORAGE, Alaska (AP) — Polar bears are at risk of dying off if humans don't reverse the trend of global warming, a blunt U.S. government report filed Thursday said."The single most important step fo...
8:25PM ( 1 day ago )
The Latest on train derailment: 5,000 evacuated in Tennessee
MARYVILLE, Tenn. (AP) — 6 p.m.An official in eastern Tennessee says smoke has stopped rising from the site where a CSX train car derailed and caught fire, forcing the evacuation of thousands of reside...
6:05PM ( 1 day ago )
Obama draws sharp contrasts with 'mean' Republicans
LA CROSSE, Wis. (AP) — Wading into presidential politics, President Barack Obama on Thursday promoted his brand of middle-class economics by drawing sharp contrasts with "mean" Republicans in a state...
5:36PM ( 1 day ago )