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Blackhole Exploit Kit Successor Years Away

msm1267 (2804139) writes | about 9 months ago

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msm1267 (2804139) writes "The Blackhole Exploit Kit has been out of commission since October when its alleged creator, a hacker named Paunch, was arrested in Russia. The kit was a favorite among cybercriminals who took advantage of its frequent updates and business model to distribute financial malware to great profit. Since the arrest of Paunch, however, a viable successor has yet to emerge--and experts believe one will not in the short term. This is partially the reason for the increase in outbreaks of ransomware such as CryptoLocker as hackers aggressively attempt to recover lost profits."
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