ALGERIAN HACKER SENTENCED TO LONG TERM IMPRISONMENT

ALGERIAN HACKER SENTENCED TO LONG TERM IMPRISONMENT

111
0
SHARE

-ALGERIAN HACKER SENTENCED TO LONG TERM IMPRISONMENT

-He was alleged to have stolen funds worth $100m through a virus malware

Reports made available by Al Jazeera has it that a US federal high court has sentenced Algerian hacker Hamza Bendelladj and his Russian co-defendant to a long term imprisonment for using computer virus to steal millions of dollars

The hacker and developer of malicious SpyEye malware. Hamza Bendelladj has been sentenced by a US court to 15 years in prison and three years of supervised release on charges related to his role in developing and distributing the virus.

Bendelladj, 27, had pleaded guilty to one count of conspiring to commit wire and bank fraud, 10 counts of wire fraud, one count of conspiring to commit computer fraud and abuse, and 11 counts of computer fraud and abuse. He had faced 60 years prison and a $24m fine.

Bendelladj’s attorney Jay Strongwater, of Atlanta, told Al Jazeera that his client cooperated with the government and pleaded guilty on all counts hoping to get a reduced sentence for his collaboration. His crimes are estimated to have cost at least $100m.

According to Al Jazeera, Bendelladj and codefendant Russian Aleksandr Andreevich Panin formed a computer-hacking crime ring that set out to steal money from bank accounts of individuals and institutions by infecting millions of computers in the US. Panin had also pleaded guilty to the charges against him and was sentenced on Wednesday to nine years and six months in prison to be followed by three years of supervised release.

YOU SHOULD READ THIS:  MORE THAN $65 MILLION STOLEN FROM HONG KONG BASED BITCOIN COMPANY

John Horn, US attorney for the northern district of Georgia, said in a press statement that “it is difficult to overstate the significance of this case, not only in terms of bringing two prolific computer hackers to justice, but also in disrupting and preventing immeasurable financial losses to individuals and the financial industry around the world”.

Bendelladj was travelling from Malaysia to Algeria when he arrested in transit in Thailand in 2013 and later extradited to the US.

Al Jazeera reports that the Justice Department statement quoted Horn as saying: “Until dismantled by the FBI, SpyEye was the pre-eminent malware banking Trojan from 2010-2012, used by a global syndicate of cybercriminals to infect more than 50 million computers, causing close to $1bn in financial harm to individuals and financial institutions around the globe”.