The story of SpyEye crimeware and the conviction of its designer Aleksandr Andreevich Panin is detailed by Newsweek in a lengthy article dated March 13, 2014.
The evolution of these programs presents a complex challenge for law enforcement as the range of wrongdoers has dramatically expanded, increasing both the number of perpetrators and the ease with which they can commit fraud. Malware toolkits “have created an all-new type of hacker,” says Timothy Ryan, a former cybercrime specialist at the Federal Bureau of Investigation who is now a managing director of cyber investigations at Kroll, a private security company. “Whenever you have a proliferation of these weapons, it just means that the bar to entering cybercrime is a lot lower.”
I am recommending the article to my Computer Crimes students. You can find the whole story on Newsweek’s site.
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