Two Russians have been arrested in connection with creating and distributing the Pinch Trojan family, according to Nikolay Patrushev, head of the Russian FSB (Federal Security Agency) the two men had been identified are awaiting trial. 

The two men who are believed to be Russian citizens Ermishkin and Farhutdinov are believed to be behind a highly successful series of Trojans sometimes known as LdPinch and PdPinch. Pinch production was being done in a highly professional manner with the authors creating ‘point and click’ tools to quickly get stolen information from infected computers.

It has been estimated that the Pinch Trojans infected over 10 Million PCs world wide and the actual financial loss could be huge.