SpyEye is a malware program that attacks users running Google Chrome, Firefox, Internet Explorer and Opera web browsers on the Microsoft Windows operating system. This malware uses keystroke logging and form grabbing to steal user credentials for malicious use. SpyEye allows hackers to steal money from online bank accounts and initiate transactions even while valid users are logged into their bank account.
SpyEye emanated from Russia in 2009 and was sold in underground forums for $500+ in which SpyEye advertised features such as keyloggers, auto-fill credit card modules, email backups, config files (encrypted), Zeus killer, HTTP access, POP3 grabbers and FTP grabbers.
Target users and institutions in the United States, United Kingdom, Mexico, Canada and India were the largest victims of SpyEye; the United States made up 97% of the institutions that fell victim of this malware.
Authors of SpyEye
It is believed that the creator of Zeus said that he was retiring and had given the source code and rights to sell Zeus to his biggest competitor, the creator of the SpyEye trojan; those same experts warned the retirement was a ruse and expect the developer to return with new tricks.
Aleksandr Andreevich Panin, author of SpyEye, was arrested and sentenced to nine years and six months in prison.
Hamza Bendelladj, co-author of SpyEye, was arrested and also sentenced to prison with a combined sentence of 24+ years for both Hamza and Aleksandr; both men were changed for stealing hundreds of millions of dollars from banks all around the world.
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