‘Blackhole’ Exploit Kit Author Gets 7 Years
Summary: A Moscow court convicted and sentenced seven hackers, including Dmitry "Paunch" Fedotov, the author of the Blackhole exploit kit, who received seven years in a Russian penal colony on April 12. Blackhole, first spotted in 2010 and rented for $500 to $700 a month, had more than 1,000 customers and earned Fedotov $50,000 per month, according to Group-IB.
What's compelling: Blackhole was rented to more than 1,000 customers and, per the Russian Interior Ministry, earned Fedotov's gang more than 70 million rubles (roughly $2.3 million) - while a partner, "J.P. Morgan," responded to the arrest by raising his exploit-buying budget to $450,000, a reminder that taking down one author does not retire the market.
Read the original at Krebs on Security ↗
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