Texas prosecutors said Mark Sokolovsky, a 26-year-old Ukrainian, helped run the Raccoon information-stealing program known as MaaS, which operates under a model that stands for “malware as a service.” This means that the program created by someone is leased to other attackers and used independently at their own discretion. Asking price is $200 per month in cryptocurrency. For this money, Sokolovsky and his accomplices provided clients with malware, digital infrastructure and technical support.

what is known

• The raccoon appears in 2019.
• It extracted sensitive data from a wide variety of apps, including 29 separate Chromium-based browsers, Mozilla-based apps, and cryptocurrency wallets from Exodus and Jaxx.
• Written in C++, malware can also take screenshots.
• After removing all data from an infected computer, Raccoon will delete all traces of its activity.

Sokolovsky’s customers used the service to infect targets and collect email and bank account credentials, credit cards, cryptocurrency wallets, and other private information.

The indictment, released on Tuesday, states: More than 2 million victims’ personal data stolen with Raccoon’s help. Prosecutors said they discovered more than 50 million unique forms of identification and identification, but they believe there are more. These include email addresses, bank accounts, cryptocurrency addresses, credit card numbers and more.

What will happen to Mark Sokolovsky?

Prosecutors charged Sokolovsky with conspiracy to commit computer fraud and related activities, an electronic fraud conspiracy, a conspiracy to launder money, and the theft of personal data under aggravating circumstances.

If Sokolovsky is found guilty, He faces a mandatory prison sentence of up to 20 years for phone fraud and money laundering, five years for conspiracy to commit computer fraud, and two years for aggravated identity theft.

Meanwhile, the FBI has already compromised Raccoon’s infrastructure and removed the current version of the malware from the network.