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.
Less than 24 hours after Oracle patched a dangerous security hole in its Java software that was being used to seize control over Windows PCs, miscreants in the Underweb were already selling an exploit for a different and apparently still-unpatched zero-day vulnerability in Java, KrebsOnSecurity has learned.
The author of Blackhole, an exploit kit that booby-traps hacked Web sites to serve malware, has done so well for himself renting his creation to miscreants that the software has emerged as perhaps the most notorious and ubiquitous crimeware product in the Underweb. Recently, however, the author has begun buying up custom exploits to bundle into a far more closely-held and expensive exploit pack, one that appears to be fueling a wave of increasingly destructive online extortion schemes.