Saturday, July 11, 2015

July 15, 2015

An Estonian man (click here) who ran an organized cybercrime ring that infected more than four million PCs in over 100 countries with moneymaking malware has pleaded guilty in New York to wire fraud and computer intrusion charges.

Vladimir Tsastsin, 35, ran an online Web hosting and advertising empire in Estonia called Rove Digital. From 2007 to 2011, Tsastin and six other men cooked up and executed a scheme to deploy malware that altered the domain name system (DNS) settings on infected computers (there were versions of the malware for both Mac and Windows systems).

Known as DNSChanger, the malware replaced legitimate ads in victim Web browsers with ads that rewarded Rove Digital, and hijacked referral commissions from other advertisers when victims clicked on ads. The malware also prevented infected systems from downloading software updates and visiting many security Web sites....