24-year-old Russian hacker pleads guilty to million-dollar malware charges

For years, the SpyEye malware kit was one of the biggest threats in the malware world, a botnet creation kit that was responsible for some of the web's most expensive banking hacks. Today, federal agents finally charged the man behind it, 24-year-old Aleksander Panin, who pled guilty to conspiracy charges in an Atlanta courthouse earlier today. At its height, the malware infected as many as 1.4 million computers, enabling one client to walk away from a banking attack with over $3 million. Panin's downfall came when he sold a copy of the malware kit to a federal agent in mid-2011.

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