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Bulgarian man pleads not guilty in malware scheme

Posted on December 23, 2016 by Dissent

AP reports:

A Bulgarian man has pleaded not guilty to federal charges in Pennsylvania that he used sophisticated malware designed to steal banking credentials and other confidential information from infected computers.

The U.S. Attorney’s Office alleges that 44-year-old Krasimir Nikolov of Varna, Bulgaria, gained access to victims’ online bank accounts and transferred funds or tried to do so.

Nikolov waived his detention hearing Thursday and will remain jailed until his trial.

Read more on WITF.


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Category: Breach IncidentsFinancial SectorMalware

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