Algerian hacker Hamza Bendelladj sentenced to 15 years



    Algerian hacker Hamza Bendelladj sentenced to 15 years

    April 22, Algiers: Algerian hacker and developer of malicious SpyEye malware Hamza Bendelladj has been sentenced to 15 years in prison for creating a malicious banking Trojan that helped malicious actors drain millions from bank accounts across the world.

    Bendelladj, 27, was sentenced for letting cybercriminals conduct large scale frauds by retrieving money from bank accounts worldwide. The Russian convict will be serving his time of sentence in a US Federal prison.

    He 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.

    His crimes are estimated to have cost at least $100m.

    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.

    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", Al Jazeera reported.

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

    The Oslo Times

     
     

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