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Malware whiz pleads guilty

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Posted: Jan 28, 2014 7:46 PM by Michael Marsh
Updated: Jan 28, 2014 7:46 PM
Source: Associated Press

  Rating: 3.0 (1 vote)

Topics: bank, hacker, SpyEye, Aleksandr Andreevich Panin, Russia, guilty

ATLANTA- A 24-year-old man from Russia who created a computer program to hack bank accounts pleaded guilty to conspiracy and wire fraud charges in federal court.

Aleksandr Andreevich Panin, also known as "Gribodemon" is the main author of SpyEye, a computer program that's a Trojan.

Prosecutors say it was implanted in computers to get financial information and drain bank accounts.

The malware is said to have infiltrated 253 financial institutions and accounted for untold amounts of money stolen.

Another man was extradited from Thailand in the same case and he pleaded not guilty last year.

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