{"id":304194,"date":"2017-03-23T15:33:54","date_gmt":"2017-03-23T15:33:54","guid":{"rendered":"http:\/\/citifmonline.com\/?p=304194"},"modified":"2017-03-23T15:33:54","modified_gmt":"2017-03-23T15:33:54","slug":"russian-man-pleads-guilty-over-500m-malware-scam-2","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/03\/russian-man-pleads-guilty-over-500m-malware-scam-2\/","title":{"rendered":"Russian man pleads guilty over $500m malware scam"},"content":{"rendered":"

A Russian man faces up to 10 years in jail for spreading a computer virus that cost victims more than $500m (\u00a3401m).<\/p>\n

Mark Vartanyan, 29, developed and distributed the Citadel Trojan, which lets criminals steal bank account details and hold files to ransom.<\/p>\n

US prosecutors said it had infected about 11 million computers worldwide.<\/p>\n

He pleaded guilty to one count of computer fraud, in a court in Atlanta, after being extradited from Norway.<\/p>\n

Launched in 2011, Citadel was marketed on invitation-only, Russian-language internet forums used by cybercriminals.<\/p>\n

Its users had targeted the computer networks of major financial and government institutions around the world, prosecutors said.<\/p>\n

‘Illicit functionality’<\/h4>\n

Vartanyan admitted to the “development, improvement, maintenance and distribution” of Citadel between 2012 and 2014 while living in Ukraine and Norway.<\/p>\n

Operating under the alias Kolypto, he uploaded “numerous electronic files” that consisted of Citadel malware, components, updates and patches, as well as customer information.<\/p>\n

Earlier in March, David LeValley, special agent at the FBI Atlanta Office, said Vartanyan’s arrest removed “a significant player” from the resources available to cybercriminals.<\/p>\n

“We must continue to impose real costs on criminals who believe they are protected by geographic boundaries and can prey on the American people,” he said.<\/p>\n

Vartanyan agreed to cooperate with prosecutors in exchange for a reduced prison term. He will be sentenced in June.<\/p>\n

In September 2015, a US court sentenced Russian citizen Dimitry Belorossov to four years and six months in prison after he admitted distributing and installing Citadel on to computers.<\/p>\n

The Department of Justice said its investigation into the creator of Citadel continued.<\/p>\n

–<\/p>\n

Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"

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