Security Alerts & News
by Tymoteusz A. Góral

#597 ‘Blackhole’ Exploit Kit author gets 7 years
A Moscow court this week convicted and sentenced seven hackers for breaking into countless online bank accounts — including “Paunch,” the nickname used by the author of the infamous “Blackhole” exploit kit. Once an extremely popular crimeware-as-a-service offering, Blackhole was for several years responsible for a large percentage of malware infections and stolen banking credentials, and likely contributed to tens of millions of dollars stolen from small to mid-sized businesses over several years.

According to Russia’s ITAR-TASS news network, Dmitry “Paunch” Fedotov was sentenced on April 12 to seven years in a Russian penal colony. In October 2013, the then 27-year-old Fedotov was arrested along with an entire team of other cybercriminals who worked to sell, develop and profit from Blackhole.
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#601 CISCO: Out-of-date apps put 3 million servers at risk of crypto ransomware infections
#600 VMware patches critical session-handling vulnerability
#599 Microsoft's OneDrive short URLs pointed attackers right at your private files
#598 Adobe patches Creative Cloud desktop in new security update
#597 ‘Blackhole’ Exploit Kit author gets 7 years
#596 Online banking and plastic card-related fraud in India increases 35 percent
#595 Australia: Cybercriminals now target payroll, invoicing, and superannuation systems
#594 Urgent Call to Action: Uninstall QuickTime for Windows Today
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