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Russian Hacker Pleads Guilty For Using Neverquest Malware to Steal Money from Victims’ Bank Accounts WorldWide

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A Russian citizen LISOV, 33, pleaded guilty for using NeverQuest malware to infect victim computers to steal their banking login information and to steal money from their banking accounts.

The NeverQuest banking malware spreads through social media, email and file transfer protocols. It is capable of exfiltrating login information form number of banking and financial sites.

With the malware attackers stolen millions of dollars from victim’s accounts, once the malware gets installed in the system then is able to identify the victim’s login attempts to banking services and exfiltrate the credentials.

NeverQuest also enables the attackers to gain remote control over the victim machines and let’s login with victim bank accounts to complete the transactions.

“As he admitted today, Stanislav Vitaliyevich Lisov used malware to infect victims’ computers, obtain their login credentials for online banking accounts, and steal money out of their accounts,” U.S. Attorney Geoffrey S. Berman said.

“This type of cybercrime extends across borders, poses a malicious threat to personal privacy, and causes widespread financial harm.”

According to DoJ press release, between June 2012 and January 2015, LISOV was responsible for key aspects of the creation and administration of a network of victim computers that were infected with NeverQuest.

LISOV also personally harvested the user login credentials with the malware and traded the login information and personally identifiable information of victims.

He pleaded guilty in the conspiracy to commit computer hacking, where he will get maximum fu=ive years of prison and his sentencing is scheduled for June 27, 2019, at 11:00 a.m. before Judge Caproni.

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Gurubaran
Gurubaran
Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

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