According to a report by CNN, the cost to buy the malware called Blackshades on the cyber black market can be as little as $40.
The software is sued to remotely take over computers and can be used to access the computer’s hard drive, log key strokes in order to capture passwords, and can even turn on the webcam without the computer user’s knowledge.
The United States Federal Bureau of Investigation stated that cyber criminals have used Blackshades to extort computer users and commit bank fraud. In 2013, a user of Blackshades was convicted in California for using the program to turn on the webcam and spy on Miss Teen USA.
Source: Even Perez and Shimon Prokupecz, “More than 100 people nabbed in global hacker crackdown,” CNN, May 19, 2014.