Windows 7 - SpyEye Trojan Code Leak Likely to Promote Rapid Proliferation

With the once-pricey malware kit now available cheap—or even free—to cyber-criminals, experts predict an explosion in SpyEye variants

The source code for the SpyEye Trojan has been released, raising the possibility that one of the most prevalent Trojans in the wild could become an even bigger threat.

The leak was the work of a French researcher called Xyliton, part of the RED (Reverse Engineers Dream) Crew, who released a tutorial to crack a copy of SpyEye builder 1.3.45, Sean Bodmer, a senior threat intelligence analyst at Damballa, wrote Aug. 11 on The Day Before Zero blog. This "leak" is important because it illustrates the coding techniques used by the authors of SpyEye, the Gribo-Demon's team, Bodmer said.