Russian SpyEye malware primary developer pleads guilty

Washington, Feb. 3: The U.S. Department of Justice has reportedly said that Russian primary developer and distributor of the SpyEye malware package Aleksandr Andreevich Panin, has pleaded guilty for conspiring to commit wire and bank fraud.

The SpyEye code had successfully infected1.4 million computers since 2009, compromising personal and financial information of users.

Panin conspired with the others to develop market and sell various versions of the SpyEye virus, a sophisticated, malicious computer Trojan designed to automate the theft of confidential personal and financial information, including online banking credentials, credit card information, user names, and passwords, the PC World reported.

Acting Assistant U.S. Attorney General Mythili Raman said in a press release that this prosecution shows that cyber criminals, even when they sit on the other side of the world and attempt to hide behind online aliases, are never outside the reach of U.S. law enforcement. (ANI)