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US 'botmaster' faces 60-year prison spell
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By garima, on 14-11-2007 18:49

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Published in : The News, Latest News


A Los Angeles man is facing up to 60 years in prison and fines of up to $1.75m (£839,000) after admitting to infecting at least 250,000 PCs with information-stealing malware. By day, 26-year-old John Kenneth Schiefer worked as a security consultant for the company 3G Communications. By night, he operated a 250,000 PC botnet, which US federal prosecutors are claiming he used to steal information and money from users of eBay's online banking service, PayPal.

The malicious software developed by Schiefer accessed the Windows system feature "Protected Store", which encrypts and stores passwords for online accounts.


Read full article on ZDNET
 
By Liam Tung,
12 Nov 2007




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Last update : 14-11-2007 18:49

   
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