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Meet Paunch: The Accused Author of the BlackHole Exploit Kit

by
December 6, 2013
Cybercrime
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“The MVD estimates that Paunch and his gang earned more than 70 million rubles, or roughly USD $2.3 million. But this estimate is misleading because Blackhole was used as a means to perpetrate a vast array of cybercrimes. I would argue that Blackhole was perhaps the most important driving force behind an explosion of cyber fraud over the past three years. A majority of Paunch’s customers were using the kit to grow botnets powered by Zeus and Citadel, banking Trojans that are typically used in cyberheists targeting consumers and small businesses.”

Source:Meet Paunch: The Accused Author of the BlackHole Exploit Kit — Krebs on Security