Home / Early Warning / Cybersecurity Highlights / Blackhole Exploit Kit creator sentenced to 7 years in prison

Blackhole Exploit Kit creator sentenced to 7 years in prison

04/12/2016
Blackhole Exploit Kit Creator, Dmitriy "Paunch" Fedotov, has been sentenced to seven years in a Russian penal colony. Blackhole has for several years been responsible for a large percentage of malware infections and the subsequent theft of banking data, it has been estimated to have contributed to the theft of tens of millions of dollars to small and medium enterprises. According to Russian security firm Group IB, "Paunch" had more than 1,000 clients I got $ 50,000 per month.
Tags: