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Russian Hacker Pleads Guilty to Bank Fraud

The hacker ran a botnet that spread 'NeverQuest' malware for three years and collected millions of banking credentials.

Stanislav Vitaliyevich Lisov, a Russian citizen accused of using the NeverQuest banking Trojan to steal login information from victims, has pled guilty to one count of conspiracy to commit computer hacking in Manhattan Federal Court. The crime carries a maximum penalty of five years in prison.

According to statements made in court, Lisov — also known as "Black," a/k/a "Blackf" — was responsible for his part of creating and administering a botnet infected with NeverQuest between June 2012 and January 2015. He also was responsible for maintaining the infrastructure of and managing a network of servers containing lists of millions of stolen login credentials – including usernames, passwords, and security questions and answers – for victims' accounts on banking and other financial websites.

Lisov was arrested in Spain on January 13, 2017, and on January 19, 2018 was extradited from Spain to the United States. He is scheduled for sentencing on June 27, 2019.

For more, read here.

 

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