An employee in Mahalo’s IT department, John Schiefer, has been sentenced to 4 years in prison for launching a botnet attack. He was charged and agreed to plead guilty back in 2007. In the meantime, he got a job at Mahalo and has been working there up to his sentencing.
Spam Botnet Earns Estimated $3.5 Million Annually
A study on spam from Berkeley and UCSD came back with some pretty intriguing results. The most publicized one was that 1 in 12.5 million conversions is all it may take for spam to be profitable. Other findings show Hotmail may have the best spam filters, and that it’s likely that spambot operations are not third-party services.
BotNet Commits Pay-Per-Click Fraud
The Clickbot.A Trojan installed on 34,000 vulnerable PCs has been exploiting pay-per-click advertising programs, and the amount of money stolen this way could make the legendary robberies of the past pale in comparison.